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...
by Lara | Oct 28, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Last analysis expected one more day of upwards movement to a target at 1,764 to 1,765. Price moved higher to reach 1,764.99. This is a critical juncture. If the main wave count is correct then we should see a trend change either now or maybe within another eight days....
by Lara | Oct 15, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for Tuesday as a second wave correction began. Price did move lower in typically choppy overlapping corrective movement. Click on the charts below to enlarge. Intermediate wave (4) is now over and lasted 14 days,...
by Lara | Oct 5, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little upwards movement before a trend change and a new low. Price has moved higher and there was no trend change. Upwards movement remains below the invalidation point on the hourly chart. I have two hourly charts for you to end the week. I...