by Lara | Aug 20, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more downwards movement overall for another two sessions. Price moved higher, but remains below the confirmation / invalidation point of the two wave counts. Click on the charts below to enlarge. This wave count agrees with MACD and...
by Lara | Jul 25, 2013 | S&P 500, S&P 500 + DJIA |
The S&P 500 moved lower as yesterday’s analysis expected. The wave count remains the same. I have two hourly charts for you today to cover the various possibilities of this correction. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Jul 3, 2013 | S&P 500, S&P 500 + DJIA
The S&P moved mostly sideways and a little lower during a very quiet short session just before market close prior to the 4th of July holiday. Markets are closed for Thursday, 4th July holiday and reopen for Friday, 5th July. I expect Friday may be another quiet...
by Lara | Jun 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some more downwards movement to be slight and overlapping. This is what we have seen, and price has come very close to the invalidation point as we expected it to do, before turning away. The wave count remains the same with just...
by Lara | May 8, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement which is what we have seen. Price is on track to reach the short term target before we see a minute degree correction. The target remains the same and the wave count remains the same. To see when the next correction will...
by Lara | Apr 2, 2013 | S&P 500, S&P 500 + DJIA
The main hourly wave count expected upwards movement for Tuesday’s session. It was confirmed with a new high. Price is now within the first of two target zones and it looks like it shall now continue up into the second higher target zone. The expected end date...
by Lara | Mar 26, 2013 | S&P 500, S&P 500 + DJIA |
Movement to a new high has invalidated the fourth wave triangle. However, the alternate hourly wave count does not have the right look. I have adjusted the hourly wave count. It is very likely that the fourth wave is over. The only question now is on the structure of...
by Lara | Mar 17, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little downwards movement for a small degree second wave correction, to be followed by upwards movement. Price moved lower and has remained well above the invalidation point. It has not turned higher, yet. The wave count remains the same. I...
by Lara | Mar 6, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 for Wednesday’s session. The short term target however at 1,566 was not met. There is a Fibonacci ratio for this fifth wave, but not the one I was expecting. It is at this point that...