by Lara | May 17, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement to a short term target at 1,666 to 1,669 before price turned downwards to begin a fourth wave correction. We did see upwards movement but it was very slight and fell short 5.49 points short of the target. A recent...
by Lara | May 15, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 which is what happened. Price is now very close to the short term target. Price found resistance at the upper edge of the parallel channel on the hourly chart during Wednesday’s...
by Lara | May 12, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Last analysis expected upwards movement for Friday’s session. Price did move slightly higher for the session, but most movement was sideways. It is more likely now that the fourth wave correction is over and the fifth wave may have begun at the end of...
by Lara | May 5, 2013 | S&P 500, S&P 500 + DJIA
The main wave count from last analysis expected further upwards movement towards a target at 1,619. Price moved higher to 1,618.44 for Friday’s session. The alternate hourly wave count had expected downwards movement for Friday. Although this wave count is not...
by Lara | Apr 28, 2013 | S&P 500, S&P 500 + DJIA
I had expected Friday to continue with upwards movement to a short term target at 1,595. This is not what happened. Downwards movement invalidated the hourly wave count at minute wave degree. The wave count at the daily chart level remains valid and is unchanged....
by Lara | Apr 20, 2013 | S&P 500, S&P 500 + DJIA |
The main wave count from last analysis expected upwards movement for Friday’s session which is what we have seen. The wave counts remain the same on the daily charts. The alternate hourly chart is slightly adjusted. Invalidation / confirmation points remain the...
by Lara | Apr 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected some upwards movement before price turned to make a new low. We did not see any upwards movement, but we did see some sideways movement before price turned lower. The wave counts are the same. Although the alternate now has a...
by Lara | Apr 14, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little more upwards movement to a short term target at 1,607 before sideways movement for a fourth wave correction. Friday’s session began with sideways movement; the third wave was already over. The wave count is mostly the same. I have...
by Lara | Apr 10, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected further upwards movement with an increase in momentum, to a target at 1,586 which was expected to be reached within one or two sessions. Price moved higher as expected to reach up to 3.07 points above the target. Momentum has...
