by Lara | Apr 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected some upwards movement before price turned to make a new low. We did not see any upwards movement, but we did see some sideways movement before price turned lower. The wave counts are the same. Although the alternate now has a...
by Lara | Apr 14, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little more upwards movement to a short term target at 1,607 before sideways movement for a fourth wave correction. Friday’s session began with sideways movement; the third wave was already over. The wave count is mostly the same. I have...
by Lara | Apr 10, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected further upwards movement with an increase in momentum, to a target at 1,586 which was expected to be reached within one or two sessions. Price moved higher as expected to reach up to 3.07 points above the target. Momentum has...
by Lara | Apr 2, 2013 | S&P 500, S&P 500 + DJIA
The main hourly wave count expected upwards movement for Tuesday’s session. It was confirmed with a new high. Price is now within the first of two target zones and it looks like it shall now continue up into the second higher target zone. The expected end date...
by Lara | Apr 2, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected the new week to begin with a little downwards movement before price turned upwards to make new highs. Downwards movement breached the nearby invalidation point on the hourly chart, but has not been enough to confirm the alternate wave count....
by Lara | Mar 26, 2013 | S&P 500, S&P 500 + DJIA |
Movement to a new high has invalidated the fourth wave triangle. However, the alternate hourly wave count does not have the right look. I have adjusted the hourly wave count. It is very likely that the fourth wave is over. The only question now is on the structure of...
by Lara | Mar 24, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected to see upwards movement for Friday and price has moved higher. However, I had expected to see a new high which did not happen. Sideways movement over most of this week indicates a triangle unfolding. If this structure remains valid then we can...
by Lara | Mar 21, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected price to begin Thursday’s session with lower movement towards a target about 1,547.35. Price moved lower for Thursday to reach 3.8 points below the target. I had expected this downwards movement to be more brief but it has taken the entire...
by Lara | Mar 17, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little downwards movement for a small degree second wave correction, to be followed by upwards movement. Price moved lower and has remained well above the invalidation point. It has not turned higher, yet. The wave count remains the same. I...