by Lara | Aug 30, 2012 | S&P 500, S&P 500 + DJIA |
Price moved lower during Thursday’s session, which was expected for all three hourly wave counts, but downwards movement was more than was expected. Both the alternate hourly wave counts are invalid and the main wave count required adjustment. Overall this...
by Lara | Jul 19, 2012 | S&P 500, S&P 500 + DJIA
Last analysis had only one daily and one hourly wave count for the S&P 500. I expected upwards movement to a small 1 point target zone at 1,378 – 1,379 to begin Thursday’s trading session. Price rose to 1,378.23 before moving sideways and slightly...
by Lara | Apr 16, 2012 | S&P 500, S&P 500 + DJIA
The S&P 500 has moved sideways during Monday’s session, but importantly price found support at the lower edge of the parallel channel on our alternate daily chart. With price strongly contained within this channel we must accept the risk that we may yet see...
by Lara | Apr 14, 2012 | S&P 500, S&P 500 + DJIA |
As expected from our main wave count, after Thursday’s session the S&P 500 moved lower for Friday. We may expect our short term target to be reached next week. Our long term target is months away. Our alternate wave count is still valid. Only when the...