by Lara | Jun 10, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement to begin the new trading week, which is what has happened. Although price has not moved significantly higher MACD shows a small increase in upwards momentum which is also what we expected to see. The wave count remains the same....
by Lara | Jun 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some more downwards movement to be slight and overlapping. This is what we have seen, and price has come very close to the invalidation point as we expected it to do, before turning away. The wave count remains the same with just...
by Lara | Jun 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected the S&P 500 to move higher for Wednesday’s session which is not what happened. However, we had a confirmation point and a trend channel which needed to be breached before we could have confidence that the upwards trend...
by Lara | Jun 4, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement. This is not what happened. Price moved lower, but in failing to make a new low the wave count remains valid and will be the same. The targets are unchanged and I have still just the one daily and one hourly wave...
by Lara | Jun 3, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement from the S&P 500 to start the new week, with the possibility of a very little downwards movement at the very beginning of Monday’s session. A slight new low before price moved higher for the day has given the wave...
by Lara | May 30, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for Thursday’s session which is not what happened. Price has moved higher but remains well within the same small range it has been trading in over the last week, and the wave count still has a very typical...
by Lara | May 29, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more choppy overlapping movement. The hourly wave count expected price to move lower during Wednesday’s session as a corrective structure unfolded downwards. This is exactly what has happened. There is enough of this structure completed...
by Lara | May 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more choppy, overlapping movement. This is what has happened for the start of the new week. Last analysis had a short term target for a little upwards movement to start the new week to 1,657. Upwards movement exceeded this target by 17.21 points...
by Lara | May 23, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected price had entered a fourth wave correction and should continue with choppy overlapping movement for another few days. Sideways movement for Thursday’s session was expected and is mostly what has happened. This correction is...