by Lara | Jun 10, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis had a short term target for a little more downwards movement to begin Friday’s session at 1,311 to 1,309. The market opened with downwards movement which reached 1.23 points below the lower end of my target zone. Thereafter, as expected, price...
by Lara | Jun 7, 2012 | S&P 500, S&P 500 + DJIA |
I had expected Thursday’s session to begin with a little upwards movement, but not as much as we saw. The very short term target of 1,318.50 was well exceeded. Thereafter, I expected downwards movement in a clear three wave structure which is what we have so...
by Lara | Jun 6, 2012 | S&P 500, S&P 500 + DJIA |
Movement above 1,298.90 has invalidated my hourly wave count. Upwards movement is still corrective, but it is two degrees higher than I had it. I was expecting a larger more time consuming correction to arrive but I expected it to arrive next week, not this week. It...
by Lara | Jun 5, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis stated “for the next one or two sessions we should expect choppy, overlapping and slightly higher movement” with a short term target for a little upwards movement at 1,286. Price reached just 1.62 points above this target to...
by Lara | Jun 4, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis had a short term target at 1,261. It looks like this wave has ended 6.74 points short of the target at Monday’s low of 1,266.74. Today I have a short term target for tomorrow’s session. When a small correction is over I expect the long held...
by Lara | Jun 3, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected “new lows with increasing momentum” for Friday’s session which is exactly what happened. This wave count continues to explain price action nicely. I expect short and mid term targets to be met next week. I still have two daily...
by Lara | May 31, 2012 | S&P 500, S&P 500 + DJIA |
In yesterday’s analysis I expected a small upwards correction to be followed by downwards movement, and my wave count overall expected price to move lower. We have a new low today. The small correction I expected did not happen straight away, but looks like it...
by Lara | May 30, 2012 | S&P 500, S&P 500 + DJIA
As expected from yesterday’s analysis, there was almost no room left for upwards movement and price had to move lower. At this stage mid and long term targets remain the same. We may now also use Elliott’s channeling technique to show us where price should...
by Lara | May 30, 2012 | S&P 500, S&P 500 + DJIA |
Price has moved higher to complete a small correction. The triangle structure was invalidated, but price has remained below the invalidation point for the correction. I still have two daily wave counts, but both expect exactly the same direction next and targets are...
