by Lara | Oct 22, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected more downwards movement to a short term target at 1,425 to 1,424. Price has reached just 1.94 points below the small target zone before turning upwards at the end of Monday’s session. This is exactly what was expected. I have the same two...
by Lara | Oct 21, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement in a low degree third wave which is exactly what we saw for Friday’s session. The target has not been met, but this movement was not expected to be over at the end of the week. The target can now be calculated at two...
by Lara | Oct 19, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement during Thursday’s session which is what we have got. Price has ended lower. The wave counts are valid and remain the same. The main hourly wave count has a higher probability than the alternate hourly wave...
by Lara | Oct 17, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Wednesday’s session, but price moved higher. The wave count remains valid. I have an alternate hourly wave count for you today which has a low probability. It expects the same price direction for tomorrow’s...
by Lara | Oct 17, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session. The short term target at 1,447 was exceeded by 8.51 points. Upwards movement is well within allowable limits for the wave count, price remains below the invalidation point. The two daily wave counts...
by Lara | Oct 15, 2012 | S&P 500, S&P 500 + DJIA |
Upwards movement quickly invalidated the hourly wave count during Monday’s session. The structure for this correction is not what was expected in the last analysis and the hourly wave count has changed. The daily wave counts remain the same. The two daily wave...
by Lara | Oct 14, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected more downwards movement to a short term target at 1,427 to 1,428. Price reached to 1,425.53 during Friday’s session, 1.47 points below the narrow target zone. I have still the same two daily wave counts which differ at the monthly chart...
by Lara | Oct 11, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected choppy, overlapping and slightly lower movement for Thursday’s session. Price moved sideways but without making a new low, and remained well under the invalidation point on the hourly chart. I have still the same two daily wave counts...
by Lara | Oct 10, 2012 | S&P 500, S&P 500 + DJIA
Movement below 1,439.01 invalidated the main hourly wave count and confirmed the alternate. At that stage the target for downwards movement was at 1,429. Price has fallen 1.66 points short of the target at the end of Wednesday’s session. The situation looks...
