by Lara | Jul 22, 2013 | S&P 500, S&P 500 + DJIA
Price has moved higher as expected for Monday’s session with a lack of momentum which was also expected. Price is now just 0.39 points short of the short term target zone on the hourly chart. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Jun 26, 2013 | S&P 500, S&P 500 + DJIA |
Upwards movement for Wednesday’s session invalidated the labeling on the main hourly wave count. I have adjusted this wave count today. We still have the same two wave counts with the main wave count having only a slightly higher probability than the alternate....
by Lara | Jun 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two hourly wave counts. Upwards movement for Tuesday’s session fits the main wave count better. The alternate remains valid but does not have the right look so I will discard it. Click on the charts below to enlarge. The bigger...
by Lara | Jun 13, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts. The main wave count was invalidated with movement below 1,622.92 and the alternate was confirmed. Price continued lower to reach the target on the alternate hourly wave count. Click on the charts below to enlarge....
by Lara | Jun 10, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement to begin the new trading week, which is what has happened. Although price has not moved significantly higher MACD shows a small increase in upwards momentum which is also what we expected to see. The wave count remains the same....
by Lara | Jun 4, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement. This is not what happened. Price moved lower, but in failing to make a new low the wave count remains valid and will be the same. The targets are unchanged and I have still just the one daily and one hourly wave...
by Lara | May 30, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for Thursday’s session which is not what happened. Price has moved higher but remains well within the same small range it has been trading in over the last week, and the wave count still has a very typical...
by Lara | May 20, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement, which is what we have seen for Monday’s session. The short term target is still days away. The wave count remains the same. Click on the charts below to enlarge. Within intermediate wave (C) minor wave 1 was...
by Lara | May 14, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected the S&P 500 had entered a fourth wave correction. The alternate hourly wave count looked at the possibility that the fourth wave had not yet arrived. Upwards movement confirms the alternate hourly wave count. Click on the charts below to...
