by Lara | Aug 19, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for all or most of Monday’s session. This is not what happened. The fourth wave correction may already have been over and very brief, as price simply moved lower. The target has not yet been reached and the structure is...
by Lara | Aug 15, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,676.03 invalidated both hourly wave counts for the main daily wave count. This strong downwards movement does fit for the alternate, but it is not enough to give us confirmation. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 14, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement for Wednesday’s session. This is not what happened. Price has moved lower remaining above the invalidation point on the hourly chart. The wave count remains the same. Click on the charts below to enlarge. This...
by Lara | Aug 13, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Tuesday’s session from the S&P 500 which is what happened. The wave count remains the same. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in...
by Lara | Aug 12, 2013 | S&P 500, S&P 500 + DJIA |
The situation is a little clearer today for the S&P 500, and with the Dow continuing (so far!) to have a very clear wave count I have some more confidence today in the main wave count here. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 9, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement from the main hourly wave count which is what happened. The alternate requires confirmation before we may have any confidence in it whatsoever. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 7, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,684.94 invalidated both hourly wave counts. The daily wave count remains valid. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci relationships in time. Minor wave 3 is...
by Lara | Aug 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts which diverged. The alternate expected some downwards movement and was confirmed below 1,703.55. However, the target of 1,700 was comfortably exceeded. I have a new hourly wave count for you today. Click on the...
by Lara | Aug 6, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session with an increase in momentum, but this did not happen. Price has moved sideways in a small range remaining well above the invalidation point. This sideways movement has indicated a more likely...
