by Lara | Apr 21, 2014 | S&P 500, S&P 500 + DJIA |
I had expected price to move move slightly higher to reach a little above 1,872.53 before turning down. Price did move higher but has not yet moved above 1,872.53. All three wave counts remain the same. Summary: Tomorrow I expect should begin with a slight new high...
by Lara | Apr 8, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected. The wave count looks correct. At this stage I cannot calculate a target for this movement to end. I will use the lower of the double aqua blue trend lines on the daily chart as a guideline. Summary: Movement below 1,842.11 has provided...
by Lara | Mar 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I want to see movement below 1,849.69 tomorrow to have confidence in a trend change at minor degree. Price needs to break out of...
by Lara | Mar 11, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. When the channel on the daily chart about the last upwards wave is clearly breached we shall have confirmation of this trend change. While price remains within that channel we must accept the alternate is possible, although it has a...
by Lara | Feb 25, 2014 | S&P 500, S&P 500 + DJIA |
Price is moving slowly sideways and slightly lower which fits with the wave count. The main wave count remains valid. The alternate bullish wave count is reduced in probability. The bearish wave count also remains valid. Summary: It is most likely that price will...
by Lara | Jan 28, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected more downwards movement. The first target at 1,785 was not where the subminuette wave iii ended, but the second target for minuette wave (iii) at 1,775 was met and only slightly exceeded by 2.12 points. Downwards movement was expected and was...
by Lara | Jan 7, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little more upwards movement towards a short term target at 1,839.73. Price reached up to 1,840.10. The wave count remains the same. Click on the charts below to enlarge. This wave count has a higher probability than the bullish...
by Lara | Dec 17, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected some more upwards movement towards a short term target at 1,789 before a trend change and more downwards movement. Price moved higher to reach 1,792.22 during Monday’s session and turned down a little at the end of the session. The wave...
by Lara | Dec 2, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement to be choppy and overlapping for Monday which is exactly what has happened. The wave count remains the same except the downwards target has been recalculated. Click on the charts below to enlarge. This wave count has a higher...