by Lara | Mar 21, 2012 | S&P 500 |
The S&P closed slightly lower for Wednesday’s session, but it was not the downwards movement we were expecting. This small degree fourth wave correction looks like it is taking longer than originally anticipated, but the structure is definitely corrective....
by Lara | Mar 20, 2012 | S&P 500 |
The S&P 500 moved lower during Tuesday’s session which was exactly what our last analysis expected. This is most likely another small degree fourth wave correction. The only question now is is it over? For an answer the 5 minute chart may provide...
by Lara | Mar 19, 2012 | S&P 500
As expected the S&P 500 began Monday’s session with a little downwards movement, which completed a small triangle structure, and then price moved upwards out of the triangle. Upwards movement fell short of our short term target of 1,419 – 1,423 by 5...
by Lara | Mar 18, 2012 | S&P 500
As our main wave count expected the S&P 500 moved higher to end the trading week. Most of Friday’s sideways movement looks like a low degree fourth wave triangle unfolding when viewed on the 5 minute chart. I expect this structure will complete early on...
by Lara | Mar 15, 2012 | S&P 500 |
The S&P 500 moved higher as we expected. It slightly exceeded our short term target at 1,401, which we expected to be reached within another one to three sessions. Both our main and alternate wave counts expect exactly the same movement next as there is no...
by Lara | Mar 14, 2012 | S&P 500 |
The S&P 500 moved slightly higher, which was expected after last analysis, and then completed a small three wave correction downwards. The short term target has been recalculated now that there is more structure to analyse. The new target has a high probability....
by Lara | Mar 14, 2012 | S&P 500
Movement to a new high has invalidated our hourly wave counts. We have very clearly not had a trend change as we did not get confirmation of this trend change, and the possibility of new highs did remain. I have reworked the main wave count. We shall continue to use...
by Lara | Mar 13, 2012 | S&P 500 |
Sideways and slightly lower movement for Monday’s session was mostly what we had expected from last analysis. We still have two wave counts and no confirmation yet of a possible trend change. We may use confirmation / invalidation points to work with these two...
by Lara | Mar 11, 2012 | S&P 500
While our main hourly wave count remains valid, Friday’s movement was not what I had expected. If we have had a trend change a few days ago then we should see new lows next week. If we have not then I would expect our alternate hourly wave count to be confirmed...
