by Lara | Mar 10, 2014 | S&P 500, S&P 500 + DJIA |
A small red candlestick on the daily chart fits with this wave count. While price remains within the pink channel on the hourly chart we do not have confirmation of a trend change. The wave count remains the same. Summary: The situation is still unclear but in the...
by Lara | Feb 22, 2014 | S&P 500, S&P 500 + DJIA |
The small second wave correction continued higher, turning just below the invalidation point. A small red candlestick for Friday’s session fits the wave count. The wave count remains the same. Summary: Minor wave 2 has ended. Minor wave 3 downwards should show...
by Lara | Feb 6, 2014 | S&P 500, S&P 500 + DJIA
Yesterday I expected upwards movement from the S&P for Thursday’s session to a short term target at 1,769. Price moved higher as expected, reaching 1,774.06, 5.06 points above the target. The wave count remains the same. Summary: I now expect downwards...