by Lara | Feb 5, 2012 | S&P 500
Movement above 1,333.47 was reasonably unexpected and has invalidated our wave count, although we did have some indication before yesterday’s session that this could happen. The Dow importantly has reached to within 6.09 points of its invalidation point on the...
by Lara | Feb 2, 2012 | S&P 500 |
The S&P 500 has moved sideways in a narrow range for Thursday’s session. Price has failed to break below our confidence point and until it does that I will have concerns about this wave count. However, price remains below the invalidation point and the wave...
by Lara | Feb 1, 2012 | S&P 500 |
The S&P 500 behaved as expected during Wednesday’s session, moving higher to 2.52 points above our short term target before turning back down again. At this very early stage we have some confirmation on the hourly chart that we may recently have seen a...
by Lara | Jan 31, 2012 | S&P 500
Movement slightly (1.35 points) above our short term invalidation point on the hourly chart has invalidated the downwards impulse movement we were expecting. Price remains below the invalidation point on the daily chart and the bigger picture remains intact;...
by Lara | Jan 30, 2012 | S&P 500 |
The S&P 500 continues to move lower as our wave count expects. We have some initial confirmation today of a trend change on the hourly chart and I can now calculate targets. We will have final confirmation of this trend change when the channel on the daily chart...
by Lara | Jan 28, 2012 | S&P 500 Historical |
Currently I have three wave counts on monthly charts. The first two differ only in the structure of the next movement as they are both expecting the same downwards direction to new lows. The second alternate I have developed in response to requests from members....
by Lara | Jan 28, 2012 | S&P 500
As expected price moved lower during Friday’s session, close to the lower edge of the parallel channel on the hourly chart but falling short of that trend line a little. If price breaks through this channel next week then our wave count will increase in...
by Lara | Jan 26, 2012 | S&P 500
Exactly as we expected price moved higher to find resistance at the upper edge of the parallel channel on the hourly chart. From there price moved lower. We have only one daily and one hourly chart today. I am working on developing an alternate daily wave count which...
