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 28, 2013 | S&P 500, S&P 500 + DJIA
Price moved lower during Friday’s session confirming the main hourly wave count and invalidating the alternate. This fourth wave has now lasted a Fibonacci three days and is likely to be over here. Click on the charts below to enlarge. This wave count agrees...
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 20, 2013 | S&P 500, S&P 500 + DJIA
Price moved upwards for Friday’s session with slow momentum, which is what our wave count now expects. Not much has changed from last analysis. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and...
by Lara | Jul 17, 2013 | S&P 500, S&P 500 + DJIA
We have probably seen a trend change at least for the short term. With price failing to break above 1,687.18 and turning just before this point both wave counts remain valid. They still have an even probability. Click on the charts below to enlarge. Main Wave Count....
by Lara | Jul 16, 2013 | S&P 500, S&P 500 + DJIA
Price has moved slightly higher on very low volume and with a decrease in momentum. Click on the charts below to enlarge. Main Wave Count. The widest maroon channel is copied over from the monthly chart and contains all of cycle wave b. It may be that price found...
by Lara | Jul 7, 2013 | S&P 500, S&P 500 + DJIA |
Upwards movement breached the short term invalidation point on both hourly wave counts during Friday’s session. Price remains range bound. We need to see it break above 1,654.19 or below 1,560.33 to have clarity next week. Click on the charts below to enlarge....
by Lara | Jul 2, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement to a short term target at 1,634 for both hourly wave counts, before expecting a short term trend change and downwards movement. Price did move higher to start Tuesday’s session but it fell well short of the...
by Lara | Jun 30, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected at least some upwards movement before price turned lower, for both wave counts. This is not what happened as price moved slowly lower during Friday’s session. Both wave counts remain the same at the daily chart level. The main wave count...
