by Lara | Oct 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis of the S&P 500 expected more upwards movement to end the week, with an increase in momentum. This is exactly what happened. Price has fallen short of the short term target, but is on track to reach the mid term target next week. The wave count...
by Lara | Oct 14, 2013 | S&P 500, S&P 500 + DJIA
The short term target from last analysis, at 1,713, was almost reached, but price moved lower before turning upwards. Because the alternate wave count now does not work for the Dow I will discard it for the S&P also. I have just the one wave count for you today....
by Lara | Sep 30, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more downwards movement to start the new trading week which is exactly what happened. The short term target is not yet reached, and the structure is incomplete. The wave counts remain the same. Click on the charts below to enlarge. At 1,740...
by Lara | Aug 26, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Monday’s session to reach a short term target at 1,669. Price began by moving higher on Monday and turned at 1,669.51. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci...
by Lara | Aug 15, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,676.03 invalidated both hourly wave counts for the main daily wave count. This strong downwards movement does fit for the alternate, but it is not enough to give us confirmation. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 7, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,684.94 invalidated both hourly wave counts. The daily wave count remains valid. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci relationships in time. Minor wave 3 is...
by Lara | Aug 6, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session with an increase in momentum, but this did not happen. Price has moved sideways in a small range remaining well above the invalidation point. This sideways movement has indicated a more likely...
by Lara | Jul 30, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Tuesday’s session. Price did move upwards to make a new high beyond Monday, before turning lower. Price remains above the invalidation point on the hourly chart and the wave count remains valid. We have...
by Lara | Jul 26, 2013 | S&P 500, S&P 500 + DJIA |
Choppy overlapping downwards movement continued the correction for this small fourth wave and invalidated the alternate hourly wave count which saw it possibly complete. The wave count remains the same. I have again the same daily chart, and two hourly charts for you...