by Lara | Jan 23, 2014 | S&P 500, S&P 500 + DJIA |
I had expected Thursday’s session to see downwards movement towards a short term target at 1,821, with an increase in downwards momentum. This is what happened as price has reached 1,820.06. The wave count remains the same. Summary: The middle of a third wave...
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 3, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement for Tuesday’s session towards a target at 1,790. Price has reached 0.9 points below the target. I had expected the target to be two to four days away, but it has been reached in only one day. The wave count...
by Lara | Nov 21, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected that a small fourth wave correction was over and that price would move higher during Thursday’s session. This is not what happened. Downwards movement is a continuation of the small fourth wave correction as a double zigzag....
by Lara | Nov 8, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is exactly what happened. This is the point at which the two hourly wave counts for the main daily wave count diverge. The next two to three days should illustrate which wave count has a higher probability....
by Lara | Oct 8, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Last analysis expected upwards movement for Monday’s session which is not what happened. Price remains above the invalidation point on the hourly chart, but this movement does not look impulsive. It looks corrective. I have a new weekly alternate wave count for...
by Lara | Sep 29, 2013 | S&P 500, S&P 500 + DJIA
I had expected upwards movement for Friday. Price moved lower and this has changed the wave count. Although the wave count at the hourly chart level remained valid, it no longer had the “right look”. Click on the charts below to enlarge. At 1,740...
by Lara | Sep 24, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement which is not what happened. Price made a new low then moved sideways. The wave count on the hourly chart is adjusted. Click on the charts below to enlarge. At 1,740 intermediate wave (C) would reach equality with...
by Lara | Sep 14, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement for Friday which is what happened. The wave count remains the same. Click on the charts below to enlarge. Main Wave Count. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci...