by Lara | May 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more choppy, overlapping movement. This is what has happened for the start of the new week. Last analysis had a short term target for a little upwards movement to start the new week to 1,657. Upwards movement exceeded this target by 17.21 points...
by Lara | May 25, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more choppy overlapping movement for Friday’s session which is mostly what happened. This correction is most likely incomplete. The wave count remains the same. Click on the charts below to enlarge. Within intermediate wave (C) minor wave...
by Lara | May 21, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more upwards movement from the S&P 500 which is what has happened. Price is on track to reach the short term target which is still a few days away. Click on the charts below to enlarge. Within intermediate wave (C) minor wave 1...
by Lara | May 20, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement, which is what we have seen for Monday’s session. The short term target is still days away. The wave count remains the same. Click on the charts below to enlarge. Within intermediate wave (C) minor wave 1 was...
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 2, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a little more upwards movement to a short term target at 1,612. This did not happen, but although price moved lower it has remained above the invalidation point on the hourly chart. I am adjusting the wave count on the hourly chart...