by Lara | Apr 1, 2014 | FTSE, FTSE Historical
Price continues to move higher, but the breakout is unconvincing. A new high above 6,865.86 would be required to provide confirmation of this trend change at intermediate degree. The target for upwards movement is now 7,345. Click on charts to enlarge. This main wave...
by Lara | Mar 31, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement invalidated the hourly wave count. This continuing sideways movement in an ever decreasing range suggests a triangle may be forming, and I will revert again to that idea as an alternate. Summary: With the hourly wave count invalidated I do not have...
by Lara | Mar 28, 2014 | DJIA, S&P 500, S&P 500 + DJIA
Some upwards movement was expected to begin Friday’s session. The short term target was at 1,859. Price did move higher for the first two hours, but the target was exceeded with upwards movement ending at 1,866.63. Thereafter, price moved lower for the remainder...
by Lara | Mar 27, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected from the main wave count. The alternate is now invalidated and I have some confidence in the main wave count. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I have some...
by Lara | Mar 26, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, although the session began with a spike higher which invalidated the main hourly wave count. The main wave count is changed slightly and still has a better fit and overall look. Price has not moved low enough for confidence in this...
by Lara | Mar 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I want to see movement below 1,849.69 tomorrow to have confidence in a trend change at minor degree. Price needs to break out of...
by Lara | Mar 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I still expect a five wave structure downwards to end at the lower of the two aqua blue trend lines. The new high is unconfirmed...
by Lara | Mar 20, 2014 | FTSE, FTSE Historical
Price moved lower as expected. The target was 6,486. Downwards movement reached 6,500 two days ago and has since moved higher. However, a new high above 6,865.86 would be required to provide confirmation of this trend change at intermediate degree. The target for...
by Lara | Mar 18, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Monday towards 1,817 to 1,812. This is not what happened as price moved higher. However, upwards movement remains below the invalidation point. The wave count remains mostly the same. Summary: The trend remains down at...
