by Lara | May 2, 2014 | S&P 500, S&P 500 + DJIA |
Price moved slightly higher which fits the wave count. The structure is still incomplete. Summary: Upwards movement should continue for another three days or so. The target is 1,921. This analysis is published about 08:40 p.m. EST. Click on charts to enlarge. Bullish...
by Lara | Apr 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the main wave count at the hourly chart level. I am discarding the main wave count in favour of the alternate. Summary: Upwards movement should continue for another four days or so. The target is 1,921. This analysis is published about...
by Lara | Apr 29, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little more upwards movement to complete a second wave correction, which is what happened. Summary: A third wave downwards has most likely begun. It is either a third wave within an impulse, or a third wave of an ending expanding...
by Lara | Apr 28, 2014 | S&P 500, S&P 500 + DJIA
A new low for Monday was expected. Overall the wave count looks correct. Summary: A third wave downwards has most likely begun. It is either a third wave within an impulse, or a third wave of an ending expanding diagonal. The target for this third wave is at 1,788. If...
by Lara | Apr 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected and breached the channel on the hourly chart. At this stage the main wave count has a better fit on the five minute chart, and so has a higher probability. Summary: A third wave downwards has most likely begun. It is either a third wave...
by Lara | Apr 25, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved lower to complete a red candlestick as expected, but remains firmly within the channel on the hourly chart. While price remains contained within the channel we do not have clarity. All the wave counts remain the same. Summary: A third wave downwards...
by Lara | Apr 23, 2014 | S&P 500, S&P 500 + DJIA
With price drifting sideways in a narrow range the wave counts all remain the same. Summary: A third wave downwards may have begun. It is either a third wave within an impulse, or a third wave of an ending expanding diagonal. I still want to see the channel on the...
by Lara | Apr 18, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement fits the alternate hourly wave count perfectly. I have adjusted the main hourly wave count to a new idea, and I have a new alternate daily wave count for you which allows for a new high above 1,897.28. Summary: The two first hourly wave counts expect...
by Lara | Apr 15, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected Tuesday to begin with a little upwards movement to complete a small second wave correction. The target was 1,835.63. Price did move higher, but more than expected, to reach 1,844.02 so far. Summary: It is most likely we shall see...
