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 17, 2013 | US Oil
Oil analysis last week expected price to move strongly lower as the middle of a third wave unfolded which is exactly what has happened. Targets have not been met, but the structure is incomplete. It should continue to move lower over the next week. Click on the charts...
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 10, 2013 | US Oil
Last week’s oil analysis expected price to move lower. The short term target at 94.52 has been exceeded by 2.53. This week I expect the completion of a minuette degree second wave correction, followed by a third wave down. Click on the charts below to enlarge....
by Lara | Apr 3, 2013 | US Oil
The main wave count on last analysis expected more upwards movement from Oil towards a short to mid term target at 94.3 to 94.84. Price did continue higher to reach 2.89 above the target zone at 97.73, remaining below the invalidation point which is very close by now...
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 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...