by Lara | Mar 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I want to see movement below 1,849.69 tomorrow to have confidence in a trend change at minor degree. Price needs to break out of...
by Lara | Mar 11, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. When the channel on the daily chart about the last upwards wave is clearly breached we shall have confirmation of this trend change. While price remains within that channel we must accept the alternate is possible, although it has a...
by Lara | Feb 25, 2014 | S&P 500, S&P 500 + DJIA |
Price is moving slowly sideways and slightly lower which fits with the wave count. The main wave count remains valid. The alternate bullish wave count is reduced in probability. The bearish wave count also remains valid. Summary: It is most likely that price will...
by Lara | Jan 28, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected more downwards movement. The first target at 1,785 was not where the subminuette wave iii ended, but the second target for minuette wave (iii) at 1,775 was met and only slightly exceeded by 2.12 points. Downwards movement was expected and was...
by Lara | Jan 7, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little more upwards movement towards a short term target at 1,839.73. Price reached up to 1,840.10. The wave count remains the same. Click on the charts below to enlarge. This wave count has a higher probability than the bullish...
by Lara | Nov 21, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected that a small fourth wave correction was over and that price would move higher during Thursday’s session. This is not what happened. Downwards movement is a continuation of the small fourth wave correction as a double zigzag....
by Lara | Nov 8, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is exactly what happened. This is the point at which the two hourly wave counts for the main daily wave count diverge. The next two to three days should illustrate which wave count has a higher probability....
by Lara | Sep 29, 2013 | S&P 500, S&P 500 + DJIA
I had expected upwards movement for Friday. Price moved lower and this has changed the wave count. Although the wave count at the hourly chart level remained valid, it no longer had the “right look”. Click on the charts below to enlarge. At 1,740...
by Lara | Sep 14, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement for Friday which is what happened. The wave count remains the same. Click on the charts below to enlarge. Main Wave Count. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci...
