by Lara | Nov 26, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 for Tuesday’s session, which is how the session began. This upwards movement was followed by a deep correction so that the day ended sideways with a doji candlestick. The wave counts...
by Lara | Oct 24, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement for Thursday’s session, which is exactly what has happened. The wave count remains the same. Click on the charts below to enlarge. Intermediate wave (4) lasted 14 days, just one more than a Fibonacci 13....
by Lara | Oct 14, 2013 | S&P 500, S&P 500 + DJIA
The short term target from last analysis, at 1,713, was almost reached, but price moved lower before turning upwards. Because the alternate wave count now does not work for the Dow I will discard it for the S&P also. I have just the one wave count for you today....
by Lara | Aug 26, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Monday’s session to reach a short term target at 1,669. Price began by moving higher on Monday and turned at 1,669.51. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci...
by Lara | Aug 15, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,676.03 invalidated both hourly wave counts for the main daily wave count. This strong downwards movement does fit for the alternate, but it is not enough to give us confirmation. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 7, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,684.94 invalidated both hourly wave counts. The daily wave count remains valid. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci relationships in time. Minor wave 3 is...
by Lara | Jul 30, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Tuesday’s session. Price did move upwards to make a new high beyond Monday, before turning lower. Price remains above the invalidation point on the hourly chart and the wave count remains valid. We have...
by Lara | Jul 22, 2013 | S&P 500, S&P 500 + DJIA
Price has moved higher as expected for Monday’s session with a lack of momentum which was also expected. Price is now just 0.39 points short of the short term target zone on the hourly chart. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Jun 13, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts. The main wave count was invalidated with movement below 1,622.92 and the alternate was confirmed. Price continued lower to reach the target on the alternate hourly wave count. Click on the charts below to enlarge....