by Lara | Jul 5, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement. The S&P 500 has moved lower but remains within allowable limits of the wave count, and price remains above the invalidation point. I have still just the one daily wave count today. I have two hourly wave counts looking at...
by Lara | Jul 4, 2012 | S&P 500, S&P 500 + DJIA |
Movement above 1,366.35 invalidated the main hourly wave count and confirmed the alternate. At that stage I expected price to continue rising towards the target. I have just the one hourly wave count today. I will go over an alternate monthly chart and the breakdown...
by Lara | Jul 2, 2012 | S&P 500, S&P 500 + DJIA |
Movement above 1,363.46 has given us some clarity with invalidation of the main wave count and confirmation of the alternate. Today, I have only one daily wave count and two hourly wave counts. We can use confirmation / invalidation points to work with these two wave...
by Lara | Jul 1, 2012 | S&P 500, S&P 500 + DJIA |
Movement above 1,361.01 has invalidated the main hourly wave count. I still have two daily wave counts. The price point which differentiates the two wave counts is very close by. We should know early on Monday morning which wave count is correct. Click on the charts...
by Lara | Jun 28, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected the S&P 500 to trend downwards for Thursday’s session. We have seen a new low and the market has behaved as expected. I still have two daily wave counts for you today which both expect the same direction next. For the...
by Lara | Jun 28, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for Wednesday’s session which was not what happened. Within the first 5 minutes the main hourly wave count was invalidated with movement above 1,324.41 and the second hourly wave count was confirmed. I still...
by Lara | Jun 26, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected choppy overlapping upwards movement to either last for some or all of Wednesday’s session. Price has behaved as expected and remains very slightly below the invalidation point, with the upwards movement lasting for all of...
by Lara | Jun 26, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected Monday to begin the week with downwards movement. The target at 1,317 was comfortably passed, but I did expect that the target had only a reasonable probability and that the trend channel would provide stronger guidance as to where downwards...
by Lara | Jun 24, 2012 | S&P 500, S&P 500 + DJIA |
Thursday’s analysis expected Friday’s session to begin with a little upwards movement for a low degree correction, which is exactly what happened. Price has remained below the invalidation point on the hourly chart. The wave counts remain the same and both...
