by Lara | Jun 30, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely for the session, but it was allowed that price could continue higher. Price remains below the invalidation point. Summary: In the short term, it looks like upwards movement is not quite over. But this upwards wave is very...
by Lara | Jun 11, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement unfolded as expected for Friday’s session. Summary: In the short term, a bounce up on Monday looks likely, which may end about 2,109. If it is very deep, it may end when price finds resistance at the lower edge of the blue channel on the...
by Lara | May 23, 2016 | S&P 500, S&P 500 + DJIA |
A small inside day does not clarify the situation. Summary: The downwards trend is not in doubt but short term how high a bounce goes is unclear. The main hourly wave count expects upwards movement for another two days (or maybe a little longer) to a target at 2,099...
by Lara | May 4, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin the session but did not happen. Price moved lower as the larger trend expected. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right...
by Lara | Mar 15, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a slight new low on another very small range quiet day. Summary: The mid term trend is still most likely up. In the short term, a small fourth wave correction may continue sideways. When it is done the target for the next wave...
by Lara | Feb 9, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin Tuesday’s session, a small correction to be over in less than 11 hours. So far price has moved higher on a small ranging day and the correction has lasted 9 hours. Summary: The trend is still down. A very strong...
by Lara | Oct 10, 2015 | S&P 500, S&P 500 + DJIA |
Price moved a little higher and did not breach the channel on the hourly chart. The channel must be breached before this upwards wave is confirmed as complete. An alternate target is added for the possibility that it may continue further. Summary: The channel on the...
by Lara | Sep 30, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. Summary: Downwards movement should continue to new lows this week. If this downwards wave shows a clear strong increase in momentum beyond the last big wave down, then it would be a third wave. If it does not show a...
by Lara | Sep 21, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: The probability that a Dead Cat Bounce is over is very high, but not fully confirmed. A clear breach of the upwards sloping aqua blue trend line on the daily charts would confirm it....