by Lara | May 23, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected further upwards movement towards a target at 1,693 to 1,700 which was expected to be a few days away. We did see some upwards movement but price fell 5.82 points short of the target before turning lower to breach the invalidation...
by Lara | May 20, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement, which is what we have seen for Monday’s session. The short term target is still days away. The wave count remains the same. Click on the charts below to enlarge. Within intermediate wave (C) minor wave 1 was...
by Lara | May 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected it was most likely we should see overall downwards movement which should be choppy and overlapping, for another one to two sessions. This is not what happened. Price has moved higher so the probability the correction was brief and is over has...
by Lara | May 17, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement to a short term target at 1,666 to 1,669 before price turned downwards to begin a fourth wave correction. We did see upwards movement but it was very slight and fell short 5.49 points short of the target. A recent...
by Lara | May 14, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected the S&P 500 had entered a fourth wave correction. The alternate hourly wave count looked at the possibility that the fourth wave had not yet arrived. Upwards movement confirms the alternate hourly wave count. Click on the charts below to...
by Lara | May 13, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session which is what happened. Price is well short of the target but the structure is incomplete. Click on the charts below to enlarge. This trend is not over and price should continue to move higher for...
by Lara | May 9, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little upwards movement to begin the session to a short term target at 1,634 to 1,637 before some downwards movement. Price reached higher during the start of the session, to 1,635.01, and thereafter moved lower which was...
by Lara | May 8, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement which is what we have seen. Price is on track to reach the short term target before we see a minute degree correction. The target remains the same and the wave count remains the same. To see when the next correction will...
by Lara | May 7, 2013 | S&P 500, S&P 500 + DJIA
Last analysis main hourly wave count expected more upwards movement for Tuesday’s session, after a small fourth wave correction had completed. This is exactly what has happened. The alternate hourly wave count is not invalidated but now looks much less likely so...
