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 17, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement to a short term target at 1,666 to 1,669 before price turned downwards to begin a fourth wave correction. We did see upwards movement but it was very slight and fell short 5.49 points short of the target. A recent...
by Lara | May 15, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 which is what happened. Price is now very close to the short term target. Price found resistance at the upper edge of the parallel channel on the hourly chart during Wednesday’s...
by Lara | May 12, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Last analysis expected upwards movement for Friday’s session. Price did move slightly higher for the session, but most movement was sideways. It is more likely now that the fourth wave correction is over and the fifth wave may have begun at the end of...
by Lara | May 5, 2013 | S&P 500, S&P 500 + DJIA
The main wave count from last analysis expected further upwards movement towards a target at 1,619. Price moved higher to 1,618.44 for Friday’s session. The alternate hourly wave count had expected downwards movement for Friday. Although this wave count is not...
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...
by Lara | Apr 28, 2013 | S&P 500, S&P 500 + DJIA
I had expected Friday to continue with upwards movement to a short term target at 1,595. This is not what happened. Downwards movement invalidated the hourly wave count at minute wave degree. The wave count at the daily chart level remains valid and is unchanged....
by Lara | Apr 23, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement from the main wave count for Monday’s session which is what we have seen. Price remains below the invalidation point on the alternate daily and hourly wave counts and so both wave counts remain valid. Click on the charts...
by Lara | Apr 20, 2013 | S&P 500, S&P 500 + DJIA |
The main wave count from last analysis expected upwards movement for Friday’s session which is what we have seen. The wave counts remain the same on the daily charts. The alternate hourly chart is slightly adjusted. Invalidation / confirmation points remain the...
