by Lara | Mar 31, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement invalidated the hourly wave count. This continuing sideways movement in an ever decreasing range suggests a triangle may be forming, and I will revert again to that idea as an alternate. Summary: With the hourly wave count invalidated I do not have...
by Lara | Mar 18, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Monday towards 1,817 to 1,812. This is not what happened as price moved higher. However, upwards movement remains below the invalidation point. The wave count remains mostly the same. Summary: The trend remains down at...
by Lara | Mar 5, 2014 | S&P 500, S&P 500 + DJIA |
A new high was unexpected and has invalidated the hourly wave counts. I have a new wave count for you today. Summary: The situation is unclear but in the bigger picture I favour the idea that we should see overall downwards movement for about three weeks. Downwards...
by Lara | Feb 15, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected towards the target which has not yet been met. The target remains the same. The wave count remains the same. Summary: Minor wave 2 may end in just one more day about 1,843.When the parallel channel on the hourly chart is clearly...
by Lara | Feb 1, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a slight new high for Friday to be followed by more downwards movement. Price moved lower, but did not move any higher at the start of the session. The wave count remains the same. Summary: Both wave counts remain valid. Price needs to break above...
by Lara | Dec 12, 2013 | S&P 500, S&P 500 + DJIA
I had expected more downwards movement to complete a second wave correction, but not as much as we have got, and I had expected it to be over during the morning of Wednesday’s session. The depth of this downwards movement over the last two days has made me step...
by Lara | Nov 17, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
During Friday the analysis expected to see more upwards movement with an increase in momentum. This is exactly what happened. The targets remain the same. The wave count remains the same. I will review monthly charts in this end of week analysis. Click on the charts...
by Lara | Nov 5, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is what has happened. The target is not yet reached, but the structure is incomplete. I am today making some adjustments to the alternate bullish monthly wave count so that it makes more sense. Click on the...
by Lara | Sep 4, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for the main wave count, which is what happened. I still have the same two wave counts. We must still favour the main wave count because we should always assume the trend remains the same, until proven otherwise....
