by Lara | Feb 5, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a little more downwards movement to a short term target of 1,724 before the start of a new upwards trend at minor degree. This is not what happened. The new upwards trend had already arrived. The wave count remains the same. Summary: A minor degree...
by Lara | Jan 29, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected choppy overlapping movement for a small fourth wave correction which is exactly what happened. Downwards movement was expected and was what happened. The wave count remains the same. Summary: The fourth wave correction should move...
by Lara | Jan 21, 2014 | S&P 500, S&P 500 + DJIA |
Last analysis expected the new trading week to begin with some more downwards movement. The short term target was at 1,828. Price did move slightly lower but only to 1,832.38. Thereafter, price moved higher to complete a green candlestick for the day which was not...
by Lara | Jan 8, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected two more days of very choppy overlapping movement to complete this fourth wave correction. We now have one more day of this overlapping movement, and the structure is incomplete. It may end tomorrow. Click on the charts below to...
by Lara | Nov 11, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session which is what has happened. The structure on the hourly chart indicates an adjustment in the wave count, but the mid term and long term targets remain the same. Click on the charts below to enlarge....
by Lara | Nov 1, 2013 | S&P 500, S&P 500 + DJIA |
At this stage the wave counts diverge. Downwards movement fits both the main and alternate wave counts, but is not enough to provide any confidence in a trend change… yet. Click on the charts below to enlarge. This wave count has a higher probability than the...
by Lara | Oct 11, 2013 | S&P 500, S&P 500 + DJIA
Movement above 1,685.66 and outside the channel on the hourly chart indicates a trend change. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. Intermediate wave (4) is now over, it lasted 14 days, just one more than a Fibonacci...
by Lara | Oct 1, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement to last all or most of Tuesday’s session, but this is not what happened. Price has moved higher, and there is now a very clear breach of the channel on the hourly chart. I will not keep publishing the...
by Lara | Sep 17, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected again more upwards movement to begin the new trading week, which is what happened. The short term target has not yet been reached, but may be tomorrow. The short term structure is incomplete. The wave counts remain the same. Click on the charts...
