by Lara | May 7, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session towards a short term target at 1,630. Price has moved slightly higher, but has failed to reach the target by a very long way. The wave count at the daily chart level remains the same. I have two hourly...
by Lara | May 2, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is not what happened. However, this upwards movement may still be part of this second wave if it is unfolding as an expanded flat correction. The wave count remains the same. I have two hourly wave counts...
by Lara | May 2, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a little more upwards movement to a short term target at 1,612. This did not happen, but although price moved lower it has remained above the invalidation point on the hourly chart. I am adjusting the wave count on the hourly chart...
by Lara | May 1, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for the main wave count which is what we have seen. Price has now made a new high and the alternate wave count is invalidated. I have just the one daily and one hourly wave count for you today. Click on the charts below to...
by Lara | Apr 30, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected most likely to see upwards movement for Monday’s session for the S&P 500 towards a short term target at 1,599. Price has moved higher but the target is not yet reached. Analysis of the subdivisions on the hourly and five minute charts...
by Lara | Apr 25, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s main wave count expected Thursday’s session to most likely open with a little downwards movement to about 1,570.66 or below, before turning back up to reach new highs during the session. Price did not move lower. Movement above 1,583 indicated...
by Lara | Apr 25, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis again expected upwards movement from both hourly wave counts which is what happened. The main wave count expected momentum to decrease which is also what happened. With price remaining below the invalidation point on the alternate wave count...
by Lara | Apr 24, 2013 | S&P 500, S&P 500 + DJIA
The main wave count expected upwards movement for Tuesday’s session with an increase in momentum which is what we have seen. However, the short term target at 1,587 was not reached with price falling 7.42 points short of the target. The wave counts remain the...
by Lara | Apr 23, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement from the main wave count for Monday’s session which is what we have seen. Price remains below the invalidation point on the alternate daily and hourly wave counts and so both wave counts remain valid. Click on the charts...