by Lara | Feb 17, 2013 | S&P 500, S&P 500 + DJIA
Again the upwards movement expected for the S&P 500 did not happen. Price has moved sideways remaining above the invalidation point. The wave count is the same with just the one daily and one hourly chart. Click on the charts below to enlarge. The structure for...
by Lara | Feb 14, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement. Price began the session by moving lower and remained above the short term invalidation point. Thereafter, it turned upwards as expected. The wave count remains the same and I still have just the one daily and one hourly...
by Lara | Feb 13, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement from the S&P 500. We did see a new high, but price subsequently moved lower below the invalidation point on the hourly chart. Overall the wave count remains mostly the same. I have moved the degree of labeling...
by Lara | Feb 9, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Friday’s session which is exactly what happened. The daily chart is the same. The hourly charts also are the same and do not diverge yet, and may not for a few more sessions. This can give us more confidence in the...