by Lara | Aug 27, 2012 | S&P 500, S&P 500 + DJIA |
The S&P 500 moved higher during Monday’s session which is what the main wave count expected. Price is on track to meet the target. I have only one daily wave count with two hourly wave counts again today. The invalidation points of the hourly wave counts...
by Lara | Aug 25, 2012 | S&P 500, S&P 500 + DJIA
The S&P 500 moved overall higher during Friday’s session, which is what the last analysis expected. I have just the one daily wave count, with two hourly wave counts. Both hourly wave counts expect the same direction for Monday’s session. Click on the...
by Lara | Aug 23, 2012 | S&P 500, S&P 500 + DJIA
The S&P 500 moved lower during Thursday’s session which was not the expected direction, but price remains well above the invalidation point on the hourly and daily charts. I have still the one daily chart with an alternate monthly wave count should price...
by Lara | Aug 22, 2012 | S&P 500, S&P 500 + DJIA
The S&P 500 has moved lower invalidating the main hourly chart and providing initial confirmation of the alternate. The main daily wave count remains valid. While price remains above the invalidation point on the daily chart we do not have confirmation of a trend...
by Lara | Aug 22, 2012 | S&P 500, S&P 500 + DJIA |
Movement above 1,422.38 has invalidated the main wave count and confirmed the alternate. The situation is changed at intermediate degree. I will cover monthly and weekly charts today to take a step back and look at the bigger picture. I have two wave counts at the...
by Lara | Aug 21, 2012 | S&P 500, S&P 500 + DJIA |
The S&P 500 moved lower during Monday’s session which is what the main wave count expected. I will be using confirmation / invalidation and confidence points this week, along with parallel channels to determine between our main and alternate daily wave...
by Lara | Aug 19, 2012 | S&P 500, S&P 500 + DJIA
As expected from last analysis the S&P 500 moved higher during Friday’s session. Price remained comfortably above the invalidation point. Upwards movement has fallen short of the target by 2.29 points. Monday’s session will be crucial. If the main...
by Lara | Aug 16, 2012 | S&P 500, S&P 500 + DJIA |
Movement above 1,410.03 invalidated the alternate hourly wave count confirming the main wave count. At that stage the short term target was close by at 1,413 and the first target for the movement to end at 1,417 was met during Thursday’s session. The S&P...
by Lara | Aug 15, 2012 | S&P 500, S&P 500 + DJIA
With the S&P 500 again moving very slowly sideways within a small range both of yesterday’s hourly wave counts remain valid. Looking at the subdivisions of Wednesday’s movement on the 5 minute chart may give some clues as to which wave count has a...
