by Lara | Oct 17, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session. The short term target at 1,447 was exceeded by 8.51 points. Upwards movement is well within allowable limits for the wave count, price remains below the invalidation point. The two daily wave counts...
by Lara | Oct 15, 2012 | S&P 500, S&P 500 + DJIA |
Upwards movement quickly invalidated the hourly wave count during Monday’s session. The structure for this correction is not what was expected in the last analysis and the hourly wave count has changed. The daily wave counts remain the same. The two daily wave...
by Lara | Oct 14, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected more downwards movement to a short term target at 1,427 to 1,428. Price reached to 1,425.53 during Friday’s session, 1.47 points below the narrow target zone. I have still the same two daily wave counts which differ at the monthly chart...
by Lara | Oct 11, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected choppy, overlapping and slightly lower movement for Thursday’s session. Price moved sideways but without making a new low, and remained well under the invalidation point on the hourly chart. I have still the same two daily wave counts...
by Lara | Oct 10, 2012 | S&P 500, S&P 500 + DJIA
Movement below 1,439.01 invalidated the main hourly wave count and confirmed the alternate. At that stage the target for downwards movement was at 1,429. Price has fallen 1.66 points short of the target at the end of Wednesday’s session. The situation looks...
by Lara | Oct 10, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected more downwards movement for Tuesday’s session to a short term target at 1,447. Price did move lower, and although the target was passed by 5.82 points price remains above the invalidation point and the wave count remains valid. The wave...
by Lara | Oct 8, 2012 | S&P 500, S&P 500 + DJIA
Last analysis had a short term target at 1,449 to 1,445 for some downwards movement during Monday’s session. Price has moved lower as expected. The target can be recalculated. The daily charts remain the same and the mid term target remains the same. The first...
by Lara | Oct 7, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected further upwards movement for Friday’s session, which is overall what has happened. I have the same two daily wave counts, each with its alternate, and now only one hourly wave count for you. The two daily wave counts differ at the monthly...
by Lara | Oct 4, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement which is what has happened. The short term target on the hourly alternate has almost been reached. The wave counts are the same. The two daily wave counts differ at monthly chart level and cycle degree. You may...
