by Lara | Jul 24, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA |
Exactly as expected Tuesday’s session saw the S&P 500 move lower. The short term target was 1,328. Price fell just 1.24 points short of this target to reach 1,329.24 before turning upwards. I have still just the one daily and one hourly chart today. I will...
by Lara | Jul 23, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis of the S&P 500 expected a final push upwards before a trend change. Movement below 1,354.3 invalidated the hourly wave count and indicated a possible trend change may have come earlier than expected. I will use parallel channels on the hourly and...
by Lara | Jul 22, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected Friday’s session to begin with at least a little downwards movement. A possible contracting triangle was invalidated with movement below 1,372.33 and at that stage I expected downwards movement to end a little below 1,368.7 and to last at...
by Lara | Jul 18, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis of the S&P 500 had two hourly wave counts which diverged and price was very close to the confirmation / invalidation point. With price movement above 1,374.81 the main hourly wave count was invalidated and the alternate hourly wave count was...
by Lara | Jul 18, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session from both my main and alternate hourly wave counts. The preferred target on the main hourly wave count was 1,364. Price reached 1,365.36, just 1.36 points above the target. I still have two hourly...
by Lara | Jul 17, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected the S&P 500 to move lower at the beginning of Monday’s session which is exactly what has happened. I still have one daily wave count and two hourly wave counts. We may use the parallel channel on the daily chart, and the confirmation...
by Lara | Jul 15, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected downwards movement to a target of 1,320 – 1,317 before the beginning of a deeper more long lasting upwards movement. Downwards movement did not occur and upwards movement quickly broke the channel indicating a more long lasting upwards...
by Lara | Jul 13, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected the S&P 500 to move higher to begin Thursday’s session, and thereafter to turn downwards. Price did not move higher as expected, but downwards movement remains comfortably above the invalidation point. With the current structure not...
by Lara | Jul 12, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement from the S&P 500. Price has closed higher, but moved to make a new low at the beginning of the session. Overall this is what was expected and both hourly wave counts remain valid. I still have just one daily wave count and...
