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 24, 2013 | S&P 500, S&P 500 + DJIA
The main wave count expected upwards movement for Tuesday’s session with an increase in momentum which is what we have seen. However, the short term target at 1,587 was not reached with price falling 7.42 points short of the target. The wave counts remain the...
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...
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 3, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected price to rise further for a few days or so. However, downwards movement has invalidated both hourly wave counts. I have two wave counts for you today. We may use confirmation / invalidation points to work with these two counts. We should always...
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 |
Yesterday’s analysis expected upwards movement towards a short term target at 1,568. Price has moved higher but has not yet reached the target. The wave count remains the same with just the one daily and one hourly chart at this stage. Click on the charts below...
