by Lara | Feb 25, 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: It is most likely that price will...
by Lara | Feb 22, 2014 | S&P 500, S&P 500 + DJIA |
The small second wave correction continued higher, turning just below the invalidation point. A small red candlestick for Friday’s session fits the wave count. The wave count remains the same. Summary: Minor wave 2 has ended. Minor wave 3 downwards should show...
by Lara | Feb 22, 2014 | FTSE |
This upwards movement cannot be a leading diagonal within intermediate wave (5) followed by a second wave correction because the leading diagonal wave lengths do not work. Click on the charts below to enlarge. It looks unlikely now that it is an incomplete flat...
by Lara | Feb 15, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected towards the target which has not yet been met. The target remains the same. The wave count remains the same. Summary: Minor wave 2 may end in just one more day about 1,843.When the parallel channel on the hourly chart is clearly...
by Lara | Feb 15, 2014 | FTSE |
Last week’s analysis of FTSE expected more upwards movement to end about 6,695.25. Price moved higher as expected reaching 6,708.17, 12.92 points above the target. I expect this correction is over and the downwards trend should resume. I am expecting to see an...
by Lara | Feb 14, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved higher as expected. I can now calculate a target for this movement to end. The wave count remains the same. Summary: I expect more upwards movement which may last another one or two days to end about 1,843. I will use the channel on the hourly chart to...
by Lara | Feb 12, 2014 | S&P 500, S&P 500 + DJIA |
The S&P has produced a red candlestick which was expected for Wednesday’s session, although I had expected it to show up earlier. The wave count remains the same. Summary: I expect tomorrow’s session to begin with a little more downwards movement...
by Lara | Feb 11, 2014 | S&P 500, S&P 500 + DJIA |
The downwards movement which was expected did not happen. Price has moved higher again. This correction is still incomplete. The wave count remains the same. Summary: Minor wave 2 may be completing as a deep zigzag. The structure is incomplete, and it still needs...
by Lara | Feb 10, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement again for Monday’s session. This is not what happened as price has moved slightly higher. The price point at 1,786.63 was not breached and so a new short term downwards trend was not confirmed. The wave count remains the same....
