by Lara | Nov 15, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement to begin Wednesday’s session, before the resumption of the downwards trend towards the target on the hourly chart. The amount and duration of upwards movement was in question. However, price simply moved lower during...
by Lara | Nov 14, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected choppy overlapping sideways movement for Tuesday’s session which is exactly what we have seen. I still have just one daily wave count. At the hourly chart level I have two wave counts, looking at the most recent sideways...
by Lara | Nov 13, 2012 | S&P 500, S&P 500 + DJIA
Price moved sideways during Monday in a very quiet session. The wave counts are unchanged. This sideways movement looks like a fourth wave correction. I have still just the one daily wave count with two hourly wave counts looking at most recent movement differently....
by Lara | Nov 11, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Friday’s session. The S&P 500 made a new low as price moved lower, before turning upwards for a small correction. At this stage we have clarity. I have just one wave count at the daily chart level, with two...
by Lara | Nov 8, 2012 | S&P 500, S&P 500 + DJIA
Exactly as expected from yesterday’s analysis price has moved lower during Thursday’s session. We have movement below the confirmation point of the main wave count and the alternate is now invalidated. We have only one wave count and we may have a lot of...
by Lara | Nov 7, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected price to move higher for Wednesday’s session. Downwards movement invalidated the hourly wave counts. However, downwards movement has breached the invalidation point for the first wave count for the DJIA. Although price remains above the...
by Lara | Nov 7, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session from both wave counts. Exactly as expected price has moved higher during Tuesday’s session. Both wave counts again expect the same direction next. The targets are the same as are the lower...
by Lara | Nov 6, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement with increased momentum for Monday’s session. Price has closed higher, but only after making a new low (within allowable limits), and momentum did not increase. The wave counts are the same and for the S&P 500 remain...
by Lara | Nov 4, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for the first wave count to begin Friday’s session to a short term target at 1,439, before price moved lower. Price reached up to 4.73 points short of the target before turning back down. At this stage the first and second...