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 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 | 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 | 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 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 12, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement towards a short term target zone at 1,690 to 1,694, favouring the lower end of the target zone. Price has moved higher to reach 1,689.10, just below the target. The wave counts remain mostly the same, except I...