by Lara | May 22, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly wave count. Overall the wave count remains mostly the same, with upwards movement a continuation of a second wave correction which is now a clear three on the daily chart. Summary: Tomorrow may begin with a small amount of...
by Lara | May 21, 2014 | Apple, Apple Historical |
Upwards movement continued as wave count expected. Click on charts to enlarge. Because the downwards wave labeled here cycle wave a subdivides so well as a five wave impulse, with an extended third wave, the correction cannot be over there. This means that upwards...
by Lara | May 21, 2014 | S&P 500, S&P 500 + DJIA |
A clear breach of the small channel on the hourly chart indicates that the third wave has begun. The target remains the same. Summary: The target for the next wave down is 1,822. This target should be met early to mid next week. I expect to see a strong increase in...
by Lara | May 16, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
I had expected downwards movement for the short term, for Thursday’s session, but not below 1,867.02. The hourly wave count was invalidated. This makes a big difference to the wave count so I will look at the bigger picture again. Summary: The S&P has...
by Lara | May 14, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA |
I had expected a continuation of upwards movement for Wednesday, with a slowing of momentum. This is not what happened. Price moved lower. Although price remains above the invalidation point on yesterday’s hourly wave chart, the red candlestick for...
by Lara | May 12, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. The targets remain the same. Summary: The first target is 1,911. The second target is 1,938. This analysis is published about 06:11 p.m. EST. Click on charts to enlarge. Bullish Wave Count. The aqua blue trend lines are critical. Draw...
by Lara | May 10, 2014 | S&P 500, S&P 500 + DJIA
The main wave count looks even better after Friday’s price action. With slightly lower movement the targets have been recalculated. Summary: I expect to see upwards movement next week. A break above 1,889.07 would confirm this. The first target is 1,911. The...
by Lara | May 5, 2014 | S&P 500, S&P 500 + DJIA |
The small correction that I had considered complete wasn’t, and price moved lower. Thereafter, towards the end of Monday’s session (still incomplete at the time of publication), upwards movement had resumed. Summary: It looks like upwards movement will...
by Lara | May 4, 2014 | S&P 500, S&P 500 + DJIA
The small correction now looks complete. I will expect price to continue upwards towards the target next week. Summary: Upwards movement should continue for another two or four days. The target is 1,921. A new short term target for a third wave to begin on Monday is...
