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 18, 2013 | S&P 500, S&P 500 + DJIA
Movement below 1,548.24 invalidated the main hourly wave count and confirmed the alternate on the hourly chart. At that stage the target was 1,555. Price has reached down to 1,545.13 for the session. At the daily chart level the wave count remains mostly the same,...
by Lara | Mar 14, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected price to move lower to complete a fourth wave correction. This is not what happened. Price moved higher indicating the correction had already been over. The wave count is mostly the same. Targets are the same and can now be...
by Lara | Mar 14, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement for Wednesday’s session to reach at least to 1,555.92 and unlikely to reach above 1,560. Upwards movement has reached up to 1,556.39 as expected. The structure for this fourth wave correction is unfolding as...
by Lara | Mar 9, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected downwards movement for Friday’s session, but this is not what happened. Instead, price moved higher with decreasing momentum. The wave count is mostly the same, with still just one daily and one hourly wave count. Click on the charts below...
by Lara | Mar 7, 2013 | S&P 500, S&P 500 + DJIA |
Analysis for yesterday expected Thursday’s session to see choppy, overlapping sideways movement which may possibly make a new high. This is exactly what happened. The structure for this correction is unfolding as expected, so far. The wave count remains the...
by Lara | Mar 5, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement from the S&P 500 for Tuesday’s session, which was likely to make a new high. This is exactly what has happened. Additionally, MACD shows an increase in upwards momentum on the hourly chart, which is...
by Lara | Mar 5, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected price to move higher during Monday’s session which is exactly what has happened. The wave count is the same. Click on the charts below to enlarge. The structure is within the second zigzag of a double labeled primary wave Y. Within this...
