by Lara | Mar 4, 2014 | S&P 500, S&P 500 + DJIA |
Movement below 1,841.13 invalidated the first hourly wave count and confirmed the second. It looks likely now that the S&P 500 is still in an intermediate degree correction. Summary: I expect overall downwards movement for about three weeks in total from the high...
by Lara | Mar 1, 2014 | DJIA, S&P 500, S&P 500 + DJIA |
Movement above 1,858.71 invalidated the main hourly wave count and confirmed the alternate. I have a new wave count for you this week. Summary: The situation with the S&P 500 and DJIA is unclear. The only thing which looks clear at this stage is that recent...
by Lara | Feb 20, 2014 | S&P 500, S&P 500 + DJIA
There is now a very clear channel breach on the daily chart with a full candlestick outside the channel. Despite upwards movement at the end of the session creating a green candlestick for Thursday the wave count remains the same and I have a little more confidence in...
by Lara | Feb 20, 2014 | Apple |
Last analysis of AAPL had a main and an alternate wave count. The main wave count was invalidated and the alternate confirmed with movement below 513.74. Please click on the charts below to enlarge. Within the bigger picture this wave count sees AAPL in a super cycle...
by Lara | Feb 20, 2014 | S&P 500, S&P 500 + DJIA |
Price moved slightly lower then up to make a new high for the day exactly as expected. Thereafter, downwards movement has breached the parallel channel containing minor wave 2, but the breach is not yet complete. It may be so in one more day. The wave count remains...
by Lara | Feb 18, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected almost touching the target. The wave count remains the same. Summary: Minor wave 2 may end during tomorrow’s session. I am expecting a trend change tomorrow and a red candlestick to complete the session. Click on the charts...
by Lara | Feb 17, 2014 | S&P 500, S&P 500 + DJIA |
This update is in response to the persistent insistence that the S&P 500 will make new highs. I tend to think that because this insistence, after 4 years and 11 months of a bull market, is so strong and so persistent, that it is therefore most likely wrong. At...
by Lara | Feb 9, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement for Friday’s session. This is not what happened. The price point provided of 1,766.47 was not breached, and the small channel on the hourly chart was not breached, and so there was no confirmation that the downwards trend had...
by Lara | Feb 6, 2014 | S&P 500, S&P 500 + DJIA
I had expected choppy overlapping movement for the start of a second wave correction which is what happened. The wave count remains the same. Summary: A minor degree second wave has begun. I will expect choppy, overlapping movement for about one to two weeks. Tomorrow...
