by Lara | Jun 25, 2013 | S&P 500, S&P 500 + DJIA |
The main wave count from last analysis expected downwards movement, but allowed for the possibility that a small second wave correction could move higher. Price moved higher during the Tuesday’s session and has remained below the invalidation point on the hourly...
by Lara | Jun 25, 2013 | S&P 500, S&P 500 + DJIA |
Further downwards movement has invalidated the labeling of the main wave count and confirmed the alternate daily wave count. This downwards movement clearly breaches any best fit channel containing intermediate wave (C) upwards and as a result the wave counts are now...
by Lara | Jun 20, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,597.35 has invalidated the wave count. I have two wave counts for you today. We may use confirmation / invalidation points to work with these wave counts over the next week or so. I will look back at the monthly / weekly chart in today’s video...
by Lara | Jun 19, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more upwards movement towards a short term target at 1,672 to 1,677. This did not happen and movement below the short term invalidation point at 1,646.50 invalidated yesterday’s labeling on the hourly chart. The degree of...
by Lara | Jun 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two hourly wave counts. Upwards movement for Tuesday’s session fits the main wave count better. The alternate remains valid but does not have the right look so I will discard it. Click on the charts below to enlarge. The bigger...
by Lara | Jun 17, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement. We did see price move higher and the wave count remains valid, but the lack of momentum and sideways movement over the last few sessions indicates a triangle may be almost completing. I have a new alternate hourly...
by Lara | Jun 14, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Thursday’s session to begin with a very little downwards movement, before turning upwards. This is exactly what happened. The wave count remains the same and I still have just the one daily and one hourly chart for you. Click...
by Lara | Jun 13, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts. The main wave count was invalidated with movement below 1,622.92 and the alternate was confirmed. Price continued lower to reach the target on the alternate hourly wave count. Click on the charts below to enlarge....
by Lara | Jun 11, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts with confirmation / invalidation points. Movement below 1,632.98 invalidated the main hourly wave count and confirmed the alternate. Click on the charts below to enlarge. The bigger picture sees upwards movement...
