by Lara | Jun 3, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but the invalidation point on the hourly chart was slightly breached. The wave count is changed at the hourly chart level very slightly. The target remains the same. Summary: Upwards movement is incomplete. The target is at 1,939 to...
by Lara | Apr 3, 2014 | S&P 500, S&P 500 + DJIA
Price moved lower as expected. A breach of the small channel on the hourly chart provides some confidence in this wave count. Summary: It is likely now that upwards movement has ended for the mid term. I still want to see a new low below 1,842.11 within the next few...
by Lara | Mar 21, 2014 | DJIA, S&P 500, S&P 500 + DJIA
A slight new high changes the wave count, which was unexpected. Summary: I still expect a five wave structure downwards to end at the lower of the two aqua blue trend lines. The new high is unconfirmed by the DJIA, DJT, and Nasdaq. Recent upwards movement is very...
by Lara | Mar 8, 2014 | DJIA, S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement to most likely begin, but a channel breach was required before confidence could be had in a trend change. Price moved slightly higher and remains well within the channel. The wave count remains the same. Summary:...
by Lara | Feb 20, 2014 | S&P 500, S&P 500 + DJIA
There is now a very clear channel breach on the daily chart with a full candlestick outside the channel. Despite upwards movement at the end of the session creating a green candlestick for Thursday the wave count remains the same and I have a little more confidence in...
by Lara | Feb 6, 2014 | S&P 500, S&P 500 + DJIA
I had expected choppy overlapping movement for the start of a second wave correction which is what happened. The wave count remains the same. Summary: A minor degree second wave has begun. I will expect choppy, overlapping movement for about one to two weeks. Tomorrow...
by Lara | Jan 4, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected some upwards movement for one to two days. Price has moved higher, although the daily candlestick for Friday is red. The wave counts remain the same, and the alternate has reduced in probability. Click on the charts below to enlarge. This wave...
by Lara | Dec 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Tuesday’s session which is exactly what happened. The short term target has been recalculated. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. This wave count has a higher...
by Lara | Nov 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a fourth wave correction to continue, and possibly end at the end of Tuesday’s session. This is what happened. There were several possibilities yesterday for the structure of this fourth wave, and the most common flat...
