by Lara | Mar 15, 2014 | DJIA, S&P 500, S&P 500 + DJIA |
Price moved lower as expected, but the short term target was not reached and downwards momentum did not increase. The wave count remains the same. Summary: The trend remains down at minor degree. The short term target for Monday / Tuesday is at 1,817 to 1,812. This...
by Lara | Mar 13, 2014 | S&P 500, S&P 500 + DJIA
The short term target at 1,839 was almost met as price reached down to 1,841.86. Downwards momentum has increased nicely as expected. The wave count remains the same. Summary: The trend remains down at minor degree. We may see a further increase in momentum tomorrow....
by Lara | Mar 12, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was as expected. The short term target was at 1,856. Price reached down to 1,854.38. There is now a clear channel breach of the pink channel containing minor wave B upwards. This is confirmation that there has been a trend change at minor degree....
by Lara | Mar 11, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. When the channel on the daily chart about the last upwards wave is clearly breached we shall have confirmation of this trend change. While price remains within that channel we must accept the alternate is possible, although it has a...
by Lara | Mar 10, 2014 | S&P 500, S&P 500 + DJIA |
A small red candlestick on the daily chart fits with this wave count. While price remains within the pink channel on the hourly chart we do not have confirmation of a trend change. The wave count remains the same. Summary: The situation is still unclear but in the...
by Lara | Mar 5, 2014 | Apple |
Last analysis of AAPL on 19th February, expected more downwards movement which is what has happened so far. The target has not been met and the structure is incomplete. Click on charts to enlarge. Within the bigger picture this wave count sees AAPL in a super cycle...
by Lara | Mar 5, 2014 | S&P 500, S&P 500 + DJIA |
A new high was unexpected and has invalidated the hourly wave counts. I have a new wave count for you today. Summary: The situation is unclear but in the bigger picture I favour the idea that we should see overall downwards movement for about three weeks. Downwards...
by Lara | Feb 28, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement for Thursday’s session to a short term target at 1,822. This is not what happened. Price moved higher but has remained just below the invalidation point. All three wave counts remain valid and remain mostly the same. Summary: I...
by Lara | Feb 26, 2014 | S&P 500, S&P 500 + DJIA |
Price is moving slowly sideways and slightly lower which fits with the wave count. The main wave count remains valid. The alternate bullish wave count is reduced in probability. The bearish wave count also remains valid. Summary: I expect more downwards movement...
