by Lara | Apr 25, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved lower to complete a red candlestick as expected, but remains firmly within the channel on the hourly chart. While price remains contained within the channel we do not have clarity. All the wave counts remain the same. Summary: A third wave downwards...
by Lara | Feb 9, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement for Friday’s session. This is not what happened. The price point provided of 1,766.47 was not breached, and the small channel on the hourly chart was not breached, and so there was no confirmation that the downwards trend had...
by Lara | Dec 19, 2013 | S&P 500, S&P 500 + DJIA
The short term target on the hourly chart for Wednesday was at 1,765. Price reached down to 1,767.99, just 2.99 points short of the target, and ended with a slight overshoot of the midline of the parallel channel. Thereafter, price turned strongly upwards exactly as...
by Lara | Oct 31, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement towards a target at 1,780 to 1,781. Price did move higher during Wednesday’s session, but only by 3.27 points. Thereafter, downwards movement has clearly breached the parallel channel on the hourly chart. Click on the...
by Lara | Oct 17, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some downwards movement to be over during Thursday’s session for a small second wave correction, and for overall upwards movement for Thursday. This is exactly what happened. The wave count remains the same. Click on the...
by Lara | Jul 29, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a continuation of upwards movement to begin on Monday. Price has moved lower but remains well above the invalidation point on the hourly chart. The wave count remains the same with just the one daily and one hourly chart today. Click on the...
by Lara | Jul 19, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Movement above 1,687.18 has invalidated the main wave count and confirmed the alternate. We now have just the one wave count. As price moves closer to the target I will use a third wave degree to add another target calculation. Click on the charts below to enlarge....
by Lara | Jul 9, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had diverging expectations from the main and alternate hourly wave counts. Although price has moved higher fitting the alternate, it remains just below 1,654.19 and well below 1,687.18 so the main wave count still has a slightly higher...
by Lara | Jun 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement from the main wave count, and upwards movement from the alternate. Although price has moved higher it remains below the confidence point on the alternate wave count. The main wave count still has a slightly higher probability...
