by Lara | Aug 1, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Thursday to begin with at least a little downwards movement before price turned higher. We did not see any downwards movement, the correction was already over, and we now have a new high which was what the main and daily wave counts...
by Lara | Jul 31, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement and a new high was made. Price has turned lower at the end of Wednesday’s session and remains well above the invalidation point on the hourly chart. I have two hourly wave counts for you today with the same...
by Lara | Jul 30, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Tuesday’s session. Price did move upwards to make a new high beyond Monday, before turning lower. Price remains above the invalidation point on the hourly chart and the wave count remains valid. We have...
by Lara | Jul 29, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a continuation of upwards movement to begin on Monday. Price has moved lower but remains well above the invalidation point on the hourly chart. The wave count remains the same with just the one daily and one hourly chart today. Click on the...
by Lara | Jul 26, 2013 | S&P 500, S&P 500 + DJIA |
Choppy overlapping downwards movement continued the correction for this small fourth wave and invalidated the alternate hourly wave count which saw it possibly complete. The wave count remains the same. I have again the same daily chart, and two hourly charts for you...
by Lara | Jul 25, 2013 | S&P 500, S&P 500 + DJIA |
The S&P 500 moved lower as yesterday’s analysis expected. The wave count remains the same. I have two hourly charts for you today to cover the various possibilities of this correction. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Jul 23, 2013 | S&P 500, S&P 500 + DJIA
As expected, upwards movement at the beginning of Tuesday’s session took price into the short term target zone of 1,698 to 1,702 before price turned downwards for the day. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice...
by Lara | Jul 22, 2013 | S&P 500, S&P 500 + DJIA
Price has moved higher as expected for Monday’s session with a lack of momentum which was also expected. Price is now just 0.39 points short of the short term target zone on the hourly chart. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Jul 19, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Movement above 1,687.18 has invalidated the main wave count and confirmed the alternate. We now have just the one wave count. As price moves closer to the target I will use a third wave degree to add another target calculation. Click on the charts below to enlarge....
