by Lara | May 1, 2012 | S&P 500, S&P 500 + DJIA |
Price has moved higher which was not what last analysis expected. With the Dow invalidating its main wave count with upwards movement it now looks like the alternate wave count for both markets is correct. We should expect the trend to continue towards the target....
by Lara | Apr 30, 2012 | S&P 500, S&P 500 + DJIA |
As expected from last analysis the S&P 500 has moved lower today. If my main wave count is correct the mid term target may be reached by the end of this week or next. When price moves below the invalidation point for the alternate daily wave count then we may...
by Lara | Apr 27, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count expected at least a little upwards movement. Our target of 1,395 to 1,396 was exceeded by just over 6 points. Both our main and alternate daily wave counts remain valid. We still need to see price break out of this range before we...
by Lara | Apr 26, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday I had a strong expectation of downwards movement for Wednesday’s session, which is not what we have seen. Price has reentered the parallel channel on the alternate chart. Both our main and alternate wave counts remain valid. The sideways movement of...
by Lara | Apr 25, 2012 | S&P 500, S&P 500 + DJIA |
Our main wave count yesterday expected downwards movement. Price moved above the invalidation point on our hourly chart, which was very close by, but remains well below the invalidation point on the daily chart and the wave count remains valid. Importantly price has...
by Lara | Apr 23, 2012 | S&P 500, S&P 500 + DJIA
As our main wave counts, both daily and hourly, expected, the S&P 500 has moved lower. Price has not quite breached our confidence point on the daily chart though. If it does tomorrow we shall have clarity; at that stage our main wave count would significantly...
by Lara | Apr 22, 2012 | S&P 500, S&P 500 + DJIA
With price moving mostly sideways in a small range for Friday’s session the situation remains unclear at the end of the week. We still have two wave counts with the main wave count having a slightly higher probability than the alternate, mostly because the...
by Lara | Apr 20, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is what we have seen for Thursday’s session. Price has again found strong support at the lower edge of the parallel channel on our alternate daily wave count. Tomorrow’s session will again be...
by Lara | Apr 18, 2012 | S&P 500, S&P 500 + DJIA
The S&P500 has moved slightly lower. Our main hourly wave count did allow for this possibility, but we were expecting a small amount of upwards movement for Wednesday’s session. We still have the two daily wave counts, with the main wave count having a...
