by Lara | Jul 30, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Tuesday’s session. Price did move upwards to make a new high beyond Monday, before turning lower. Price remains above the invalidation point on the hourly chart and the wave count remains valid. We have...
by Lara | Jul 29, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a continuation of upwards movement to begin on Monday. Price has moved lower but remains well above the invalidation point on the hourly chart. The wave count remains the same with just the one daily and one hourly chart today. Click on the...
by Lara | Jul 26, 2013 | S&P 500, S&P 500 + DJIA |
Choppy overlapping downwards movement continued the correction for this small fourth wave and invalidated the alternate hourly wave count which saw it possibly complete. The wave count remains the same. I have again the same daily chart, and two hourly charts for you...
by Lara | Jul 25, 2013 | S&P 500, S&P 500 + DJIA |
The S&P 500 moved lower as yesterday’s analysis expected. The wave count remains the same. I have two hourly charts for you today to cover the various possibilities of this correction. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Jul 23, 2013 | S&P 500, S&P 500 + DJIA
As expected, upwards movement at the beginning of Tuesday’s session took price into the short term target zone of 1,698 to 1,702 before price turned downwards for the day. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice...
by Lara | Jul 22, 2013 | S&P 500, S&P 500 + DJIA
Price has moved higher as expected for Monday’s session with a lack of momentum which was also expected. Price is now just 0.39 points short of the short term target zone on the hourly chart. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Jul 19, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Movement above 1,687.18 has invalidated the main wave count and confirmed the alternate. We now have just the one wave count. As price moves closer to the target I will use a third wave degree to add another target calculation. Click on the charts below to enlarge....
by Lara | Jul 18, 2013 | S&P 500, S&P 500 + DJIA |
Sideways movement in a very small range for Wednesday’s session has failed to break above 1,687.18. Both wave counts remain valid and very little changed. They both have an even probability. Click on the charts below to enlarge. Main Wave Count. The widest...
by Lara | Jul 13, 2013 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected by the alternate wave count. Price is now closer to the invalidation point for the main wave count and both wave counts remain valid. The main and alternate wave counts have an even probability. We need to see price break above...
