by Lara | Dec 1, 2013 | S&P 500, S&P 500 + DJIA |
A new high for Friday was unexpected and breached the invalidation point on the hourly chart. Overall though it still looks most likely that a fourth wave is completing. The wave count is changed at the hourly chart level. Click on the charts below to enlarge. Main...
by Lara | Nov 27, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected price to break out of a small zone, and provide confirmation of one of the hourly wave counts. It did not do that, and price moved mostly sideways within a narrow range. It should break out of this zone tomorrow and provide some...
by Lara | Nov 26, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 for Tuesday’s session, which is how the session began. This upwards movement was followed by a deep correction so that the day ended sideways with a doji candlestick. The wave counts...
by Lara | Sep 29, 2013 | DJIA, S&P 500 + DJIA
Last week’s analysis expected upwards movement for the week which is not what has happened. The wave count is changed. Click on the charts below to enlarge.
by Lara | Feb 12, 2013 | S&P 500, S&P 500 + DJIA
Last analysis had three hourly wave counts and the first two most likely wave counts expected more upwards movement. Price moved mostly sideways during Monday’s session and the situation is unchanged. Click on the charts below to enlarge. The structure for...