by Lara | Jun 25, 2013 | S&P 500, S&P 500 + DJIA |
Further downwards movement has invalidated the labeling of the main wave count and confirmed the alternate daily wave count. This downwards movement clearly breaches any best fit channel containing intermediate wave (C) upwards and as a result the wave counts are now...
by Lara | Jun 23, 2013 | S&P 500, S&P 500 + DJIA |
Price moved mostly sideways during Friday’s session, managing to stay just above the invalidation point on the daily chart. I still have two wave counts for you. While price remains within the range of our confidence / invalidation points both wave counts will...
by Lara | Jun 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two hourly wave counts. Upwards movement for Tuesday’s session fits the main wave count better. The alternate remains valid but does not have the right look so I will discard it. Click on the charts below to enlarge. The bigger...
by Lara | Jun 15, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Friday’s session. Price reached a slight new high but moved downwards during the session, remaining above the invalidation point on the hourly chart. The wave count remains the same with just the one daily and one...
by Lara | Jun 14, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Thursday’s session to begin with a very little downwards movement, before turning upwards. This is exactly what happened. The wave count remains the same and I still have just the one daily and one hourly chart for you. Click...
by Lara | Jun 10, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement to begin the new trading week, which is what has happened. Although price has not moved significantly higher MACD shows a small increase in upwards momentum which is also what we expected to see. The wave count remains the same....
by Lara | Jun 8, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected the S&P 500 to continue to move higher for Friday’s session which is exactly what happened. We now have confirmation on the hourly chart that the upwards trend has resumed. Click on the charts below to enlarge. The bigger picture sees...
by Lara | Jun 1, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected downwards movement for Friday’s session to a short term target at 1,628. Price moved lower as expected, falling short of the target by just 2.74 points. The wave count remains the same. Click on the charts below to enlarge. Within...
by Lara | May 30, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for Thursday’s session which is not what happened. Price has moved higher but remains well within the same small range it has been trading in over the last week, and the wave count still has a very typical...
