by Lara | Jun 21, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected one final upwards push before a trend change. However, this was not what happened. The channel on the daily chart is clearly breached and now I can calculate targets for the mid term. This is the point at which the two wave counts...
by Lara | Jun 21, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement. Price has moved lower for Wednesday’s session and remains within the trend channel. The target remains the same. I have a lower invalidation point which will prove a useful indicator for a trend change. Click on the...
by Lara | Jun 20, 2012 | S&P 500, S&P 500 + DJIA |
Tuesday’s session saw upwards movement from the S&P 500 which was what Monday’s analysis expected. Movement above 1,357.38 has invalidated the main daily wave count and confirmed the alternate leaving us with only one daily wave count for downwards...
by Lara | Jun 18, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected a very little downwards movement before upwards movement for Monday’s session towards a short term target at 1,345. The S&P 500 has behaved as expected, but overshooting the target by 3.22 points to reach 1,348.22. Today I have two...
by Lara | Jun 16, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday I had three hourly wave counts which all expected downwards movement which is not what happened. However, movement above 1,335.52 has confirmed that this correction is not over and upwards movement to end the week has a clear structure. I have only one...
by Lara | Jun 15, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis said to expect overall choppy, overlapping, sideways movement for another couple of sessions or longer. Price has moved upwards for Thursday’s session in a choppy overlapping three wave movement and remains range bound. This is pretty...
by Lara | Jun 13, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count expected upwards movement for Wednesday’s session. Price moved slightly higher but overall has closed lower for the session. Price remains above the invalidation point. With mostly sideways movement for a few days now the main...
by Lara | Jun 13, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected Tuesday’s session to open with a little downwards movement to a short term target at 1,303. Price reached down to 1,306.92, 3.92 points short of the target, early in Tuesday’s session. Thereafter, price moved higher as...
by Lara | Jun 11, 2012 | S&P 500, S&P 500 + DJIA |
I had expected price to move higher during Monday’s session and a new high was made. However, although downwards movement remains above the invalidation point, the structure of most recent movement does not fit with the wave count. Downwards movement to end...
