by Lara | May 13, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session which is what happened. Price is well short of the target but the structure is incomplete. Click on the charts below to enlarge. This trend is not over and price should continue to move higher for...
by Lara | Apr 10, 2013 | S&P 500, S&P 500 + DJIA |
Movement slightly above 1,573.66 to a new high at 1,573.89 has invalidated the alternate wave count and confirmed the main wave count. We now have clarity and can have more confidence in the target on the main wave count. I have just the one daily and one hourly wave...
by Lara | Apr 4, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some upwards movement from the S&P 500 for Thursday’s session from both hourly wave counts which is what we have seen. The wave counts remain the same. The main wave count assumes the trend remains the same, because at...
by Lara | Mar 27, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected Wednesday’s session to begin with a little upwards movement to a short term target at 1,568 before price dropped lower. This is not what happened as the session began with downwards movement, but price has remained well above...
by Lara | Mar 19, 2013 | S&P 500, S&P 500 + DJIA
Downwards movement invalidated the main hourly wave count and confirmed the alternate. The correction was incomplete. I have the same daily wave count for you, with a new alternate to consider. For the main wave count I have two hourly wave counts. We may use...
by Lara | Mar 11, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected slow upwards movement for Monday’s session to a target at 1,556. Price reached up to 1,556.22 during the session. The wave count remains the same. I still have just the one daily and one hourly chart for you. Click on the charts below to...
by Lara | Feb 21, 2013 | S&P 500, S&P 500 + DJIA |
Price has moved lower invalidating both the main and alternate wave counts. I have two daily wave counts today. We can see a clear bearish engulfing candlestick reversal pattern on the daily chart. The question is whether this reversal is a short term correction or...
