by Lara | Jan 30, 2012 | S&P 500 |
The S&P 500 continues to move lower as our wave count expects. We have some initial confirmation today of a trend change on the hourly chart and I can now calculate targets. We will have final confirmation of this trend change when the channel on the daily chart...
by Lara | Jan 28, 2012 | S&P 500 Historical |
Currently I have three wave counts on monthly charts. The first two differ only in the structure of the next movement as they are both expecting the same downwards direction to new lows. The second alternate I have developed in response to requests from members....
by Lara | Jan 28, 2012 | S&P 500
As expected price moved lower during Friday’s session, close to the lower edge of the parallel channel on the hourly chart but falling short of that trend line a little. If price breaks through this channel next week then our wave count will increase in...
by Lara | Jan 26, 2012 | S&P 500
Exactly as we expected price moved higher to find resistance at the upper edge of the parallel channel on the hourly chart. From there price moved lower. We have only one daily and one hourly chart today. I am working on developing an alternate daily wave count which...
