by Lara | May 21, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more upwards movement from the S&P 500 which is what has happened. Price is on track to reach the short term target which is still a few days away. Click on the charts below to enlarge. Within intermediate wave (C) minor wave 1...
by Lara | May 17, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement to a short term target at 1,666 to 1,669 before price turned downwards to begin a fourth wave correction. We did see upwards movement but it was very slight and fell short 5.49 points short of the target. A recent...
by Lara | May 15, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 which is what happened. Price is now very close to the short term target. Price found resistance at the upper edge of the parallel channel on the hourly chart during Wednesday’s...
by Lara | May 12, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Last analysis expected upwards movement for Friday’s session. Price did move slightly higher for the session, but most movement was sideways. It is more likely now that the fourth wave correction is over and the fifth wave may have begun at the end of...
by Lara | May 8, 2013 | US Oil |
Last analysis expected to see downwards movement after the channel drawn on the hourly chart was breached. The channel was breached, but thereafter price moved to a new high as a fourth wave correction continued deeper. This week the structure of this fourth wave is...
by Lara | May 5, 2013 | S&P 500, S&P 500 + DJIA
The main wave count from last analysis expected further upwards movement towards a target at 1,619. Price moved higher to 1,618.44 for Friday’s session. The alternate hourly wave count had expected downwards movement for Friday. Although this wave count is not...
by Lara | Apr 28, 2013 | S&P 500, S&P 500 + DJIA
I had expected Friday to continue with upwards movement to a short term target at 1,595. This is not what happened. Downwards movement invalidated the hourly wave count at minute wave degree. The wave count at the daily chart level remains valid and is unchanged....
by Lara | Apr 24, 2013 | US Oil
Last week’s analysis had a short term target for some upwards movement at 89.21 to 89.41. Price has moved higher and so far is 0.23 above the target. But the structure is incomplete. I have calculated a new target for you this week. Click on the charts below to...
by Lara | Apr 20, 2013 | S&P 500, S&P 500 + DJIA |
The main wave count from last analysis expected upwards movement for Friday’s session which is what we have seen. The wave counts remain the same on the daily charts. The alternate hourly chart is slightly adjusted. Invalidation / confirmation points remain the...
