by Lara | Jul 11, 2013 | S&P 500, S&P 500 + DJIA
More upwards movement was expected by the alternate wave count. However, price has not breached 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...
by Lara | Jul 10, 2013 | S&P 500, S&P 500 + DJIA
Movement slightly above 1,654.19 has given us clarity for the structure unfolding on the main wave count. However, both the main and alternate wave counts remain valid. At this stage I would now expect they have a closer to even probability. We need to see price break...
by Lara | Jul 9, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had diverging expectations from the main and alternate hourly wave counts. Although price has moved higher fitting the alternate, it remains just below 1,654.19 and well below 1,687.18 so the main wave count still has a slightly higher...
by Lara | Jul 8, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little upwards movement as likely for the main wave count, and upwards movement for the alternate. Price has moved higher but remains range bound. We need to see price break above 1,654.19 or below 1,560.33 to have clarity this week. At this...
by Lara | Jul 3, 2013 | S&P 500, S&P 500 + DJIA
The S&P moved mostly sideways and a little lower during a very quiet short session just before market close prior to the 4th of July holiday. Markets are closed for Thursday, 4th July holiday and reopen for Friday, 5th July. I expect Friday may be another quiet...
by Lara | Jul 2, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement to a short term target at 1,634 for both hourly wave counts, before expecting a short term trend change and downwards movement. Price did move higher to start Tuesday’s session but it fell well short of the...
by Lara | Jul 1, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for the main hourly wave count, and upwards movement for the alternate. Price has moved higher. Both wave counts remain valid. In the short term for the start and most of tomorrow’s session both wave counts expect the...
by Lara | Jun 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement from the main wave count, and upwards movement from the alternate. Although price has moved higher it remains below the confidence point on the alternate wave count. The main wave count still has a slightly higher probability...
by Lara | Jun 26, 2013 | S&P 500, S&P 500 + DJIA |
Upwards movement for Wednesday’s session invalidated the labeling on the main hourly wave count. I have adjusted this wave count today. We still have the same two wave counts with the main wave count having only a slightly higher probability than the alternate....
