by Lara | Aug 2, 2012 | S&P 500, S&P 500 + DJIA |
With price moving lower, albeit relatively slowly, I have a new alternate wave count today. The main hourly wave count remains valid. The daily wave count also remains the same. Click on the charts below to enlarge. This wave count sees a big trend change at the price...
by Lara | Aug 1, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected either upwards movement towards the target, or choppy overlapping sideways movement. Tuesday’s session can certainly be described as choppy, overlapping and sideways which was the second option that was expected. I have still the same...
by Lara | Jul 31, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA |
Last analysis expected price to reach up to 1,393 – 1,394 during Monday’s session. Price reached up to 1,391.74, 1.26 points short of the small target zone. Thereafter, I expected the S&P 500 to move lower for a low degree correction which is exactly...
by Lara | Jul 29, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA |
Movement above 1,380.39 was unexpected and has invalidated the wave count. I have a new wave count which is slightly different. I have just the one hourly chart today. Click on the charts below to enlarge. Movement above 1,380.39 has invalidated the prior labeling of...
by Lara | Jul 26, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA |
Yesterday’s analysis of the S&P 500 had two hourly wave counts with about an even probability. Movement above 1,343.77 invalidated the main hourly wave count and confirmed the alternate. At that stage the preferred target for upwards movement was about...
by Lara | Jul 25, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA |
Yesterday’s analysis of the S&P 500 expected choppy, overlapping movement trending upwards for Wednesday’s session. Price has failed very slightly to make a new high so we did not see the upwards movement I was anticipating, but the sideways and...
by Lara | Jul 24, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA |
Exactly as expected Tuesday’s session saw the S&P 500 move lower. The short term target was 1,328. Price fell just 1.24 points short of this target to reach 1,329.24 before turning upwards. I have still just the one daily and one hourly chart today. I will...
by Lara | Jul 23, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis of the S&P 500 expected a final push upwards before a trend change. Movement below 1,354.3 invalidated the hourly wave count and indicated a possible trend change may have come earlier than expected. I will use parallel channels on the hourly and...
by Lara | Jul 22, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected Friday’s session to begin with at least a little downwards movement. A possible contracting triangle was invalidated with movement below 1,372.33 and at that stage I expected downwards movement to end a little below 1,368.7 and to last at...
