by Lara | Jun 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement from the main wave count, and upwards movement from the alternate. Although price has moved higher it remains below the confidence point on the alternate wave count. The main wave count still has a slightly higher probability...
by Lara | Jun 19, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more upwards movement towards a short term target at 1,672 to 1,677. This did not happen and movement below the short term invalidation point at 1,646.50 invalidated yesterday’s labeling on the hourly chart. The degree of...
by Lara | Jun 3, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement from the S&P 500 to start the new week, with the possibility of a very little downwards movement at the very beginning of Monday’s session. A slight new low before price moved higher for the day has given the wave...
by Lara | May 23, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected further upwards movement towards a target at 1,693 to 1,700 which was expected to be a few days away. We did see some upwards movement but price fell 5.82 points short of the target before turning lower to breach the invalidation...
by Lara | May 2, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is not what happened. However, this upwards movement may still be part of this second wave if it is unfolding as an expanded flat correction. The wave count remains the same. I have two hourly wave counts...
by Lara | Apr 25, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis again expected upwards movement from both hourly wave counts which is what happened. The main wave count expected momentum to decrease which is also what happened. With price remaining below the invalidation point on the alternate wave count...
by Lara | Apr 10, 2013 | S&P 500, S&P 500 + DJIA |
Movement slightly above 1,573.66 to a new high at 1,573.89 has invalidated the alternate wave count and confirmed the main wave count. We now have clarity and can have more confidence in the target on the main wave count. I have just the one daily and one hourly wave...
by Lara | Apr 4, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some upwards movement from the S&P 500 for Thursday’s session from both hourly wave counts which is what we have seen. The wave counts remain the same. The main wave count assumes the trend remains the same, because at...
by Lara | Mar 27, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected Wednesday’s session to begin with a little upwards movement to a short term target at 1,568 before price dropped lower. This is not what happened as the session began with downwards movement, but price has remained well above...
