by Lara | Apr 18, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement fits the alternate hourly wave count perfectly. I have adjusted the main hourly wave count to a new idea, and I have a new alternate daily wave count for you which allows for a new high above 1,897.28. Summary: The two first hourly wave counts expect...
by Lara | Feb 20, 2014 | S&P 500, S&P 500 + DJIA |
Price moved slightly lower then up to make a new high for the day exactly as expected. Thereafter, downwards movement has breached the parallel channel containing minor wave 2, but the breach is not yet complete. It may be so in one more day. The wave count remains...
by Lara | Feb 18, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected almost touching the target. The wave count remains the same. Summary: Minor wave 2 may end during tomorrow’s session. I am expecting a trend change tomorrow and a red candlestick to complete the session. Click on the charts...
by Lara | Feb 5, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a little more downwards movement to a short term target of 1,724 before the start of a new upwards trend at minor degree. This is not what happened. The new upwards trend had already arrived. The wave count remains the same. Summary: A minor degree...
by Lara | Jan 21, 2014 | S&P 500, S&P 500 + DJIA |
Last analysis expected the new trading week to begin with some more downwards movement. The short term target was at 1,828. Price did move slightly lower but only to 1,832.38. Thereafter, price moved higher to complete a green candlestick for the day which was not...
by Lara | Apr 17, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Tuesday’s session to begin with a little more downwards movement to a short term target at 1,543, before price turned back upwards. There was no downwards movement, but price has moved upwards and remains below the...
by Lara | Apr 9, 2013 | S&P 500, S&P 500 + DJIA
Last analysis diverged: the main wave count expected upwards movement while the alternate expected downwards movement. Price has moved higher but still remains within the range in which both wave counts remain valid. We need to see price break out of this range to...