by Lara | Mar 20, 2013 | US Oil
Last week’s oil analysis expected overall upwards movement for the week. Price moved $1.50 higher during the week. At this stage I think it is most likely that the correction is incomplete. I would expect another couple of days or so of upwards movement before a...
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 13, 2013 | US Oil
Last analysis dated 5th March, 2013, expected to see oil move higher for the week which is exactly what it has done. Now that there is some structure to analyse for this upwards movement I can calculate targets for it to end. I still have just the one daily and one...
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 6, 2013 | US Oil
Last week’s analysis of oil expected further downwards movement for the week. The lower target for the week was 89.70. The invalidation point on the 2 hourly chart was at 95.21. Price did move lower to reach 0.35 below the target and the low for the week was...
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...
by Lara | Mar 1, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count had two hourly charts which both expected some more upwards movement for Thursday’s session which is what we have got. Price has not met the minimum level required for the main hourly wave count. All the wave counts are the...
