by Lara | Sep 7, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement which is what happened. We also have a following second wave correction which was expected. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. This wave count agrees with MACD and has...
by Lara | Aug 12, 2013 | S&P 500, S&P 500 + DJIA |
The situation is a little clearer today for the S&P 500, and with the Dow continuing (so far!) to have a very clear wave count I have some more confidence today in the main wave count here. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 1, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Thursday to begin with at least a little downwards movement before price turned higher. We did not see any downwards movement, the correction was already over, and we now have a new high which was what the main and daily wave counts...
by Lara | Jul 13, 2013 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected by the alternate wave count. Price is now closer to the invalidation point for the main wave count and both wave counts remain valid. The main and alternate wave counts have an even probability. We need to see price break above...
by Lara | Jun 25, 2013 | S&P 500, S&P 500 + DJIA |
The main wave count from last analysis expected downwards movement, but allowed for the possibility that a small second wave correction could move higher. Price moved higher during the Tuesday’s session and has remained below the invalidation point on the hourly...
by Lara | Jun 17, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement. We did see price move higher and the wave count remains valid, but the lack of momentum and sideways movement over the last few sessions indicates a triangle may be almost completing. I have a new alternate hourly...
by Lara | May 29, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more choppy overlapping movement. The hourly wave count expected price to move lower during Wednesday’s session as a corrective structure unfolded downwards. This is exactly what has happened. There is enough of this structure completed...
by Lara | May 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected it was most likely we should see overall downwards movement which should be choppy and overlapping, for another one to two sessions. This is not what happened. Price has moved higher so the probability the correction was brief and is over has...
by Lara | May 1, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for the main wave count which is what we have seen. Price has now made a new high and the alternate wave count is invalidated. I have just the one daily and one hourly wave count for you today. Click on the charts below to...