by Lara | Mar 8, 2012 | S&P 500 |
Movement above 1,364.72 was unexpected and invalidated our main hourly wave count. The high of 1,378.04 remains intact and our main daily wave count remains valid. I have gone back over the 5 minute chart for recent movement and I have adjusted the hourly wave count...
by Lara | Mar 7, 2012 | S&P 500 |
Yesterday’s analysis expected a little upwards movement for a small correction. The short term target was quickly passed and price remains contained with the parallel channel on the hourly chart; the upper edge of this channel was useful in showing us where...
by Lara | Mar 7, 2012 | S&P 500 |
Yesterday’s main wave count expected downwards movement, which is very clearly what we have got. We may be only another very few sessions away from reasonable confirmation of a trend change. We shall use our parallel channel on the daily chart for this...
by Lara | Mar 5, 2012 | S&P 500 |
Movement below 1,363.81 and outside the parallel channel we have been using on the hourly chart is a very early indication of a possible trend change. At this early stage the best approach is to consider all possibilities. We will use alternate wave counts with...
by Lara | Mar 4, 2012 | S&P 500 |
The S&P 500 moved slightly lower and mostly sideways, remaining above our invalidation point on the hourly chart and remaining within the parallel channel. We had expected it to more likely move higher, but this final upwards wave may take longer to unfold than...
by Lara | Mar 2, 2012 | S&P 500 |
As expected the S&P 500 moved higher, although it has not made a new high and both of our hourly wave counts remain valid. The main hourly wave count looks even more likely today. With more structure to analyse I am now able to calculate a target. We should...
by Lara | Mar 1, 2012 | S&P 500
The S&P 500 moved higher, which is what we had expected again, but it has not met the minimum requirement that we expected. With all this overlapping and lack of momentum I have discarded yesterday’s alternate wave count. This upwards movement just does not...
by Lara | Feb 29, 2012 | S&P 500 |
The S&P 500 did move higher which is what we were expecting, but it still lacks momentum and upwards movement is not convincing. Our wave count sees an incomplete structure and we should expect this trend to continue for a while yet, towards our target. Click on...
by Lara | Feb 28, 2012 | S&P 500 |
The S&P 500 has moved higher, closer to our target. The structure is still incomplete and we should expect this trend to continue. Click on the charts below to enlarge. This main wave count follows on from our main historic monthly chart. It sees a flat...
