by Lara | Mar 15, 2014 | DJIA, S&P 500, S&P 500 + DJIA |
Price moved lower as expected, but the short term target was not reached and downwards momentum did not increase. The wave count remains the same. Summary: The trend remains down at minor degree. The short term target for Monday / Tuesday is at 1,817 to 1,812. This...
by Lara | Mar 13, 2014 | S&P 500, S&P 500 + DJIA
The short term target at 1,839 was almost met as price reached down to 1,841.86. Downwards momentum has increased nicely as expected. The wave count remains the same. Summary: The trend remains down at minor degree. We may see a further increase in momentum tomorrow....
by Lara | Mar 12, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was as expected. The short term target was at 1,856. Price reached down to 1,854.38. There is now a clear channel breach of the pink channel containing minor wave B upwards. This is confirmation that there has been a trend change at minor degree....
by Lara | Mar 5, 2014 | S&P 500, S&P 500 + DJIA |
A new high was unexpected and has invalidated the hourly wave counts. I have a new wave count for you today. Summary: The situation is unclear but in the bigger picture I favour the idea that we should see overall downwards movement for about three weeks. Downwards...
by Lara | Feb 28, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement for Thursday’s session to a short term target at 1,822. This is not what happened. Price moved higher but has remained just below the invalidation point. All three wave counts remain valid and remain mostly the same. Summary: I...
by Lara | Feb 26, 2014 | S&P 500, S&P 500 + DJIA |
Price is moving slowly sideways and slightly lower which fits with the wave count. The main wave count remains valid. The alternate bullish wave count is reduced in probability. The bearish wave count also remains valid. Summary: I expect more downwards movement...
by Lara | Feb 15, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected towards the target which has not yet been met. The target remains the same. The wave count remains the same. Summary: Minor wave 2 may end in just one more day about 1,843.When the parallel channel on the hourly chart is clearly...
by Lara | Feb 14, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved higher as expected. I can now calculate a target for this movement to end. The wave count remains the same. Summary: I expect more upwards movement which may last another one or two days to end about 1,843. I will use the channel on the hourly chart to...
by Lara | Feb 12, 2014 | S&P 500, S&P 500 + DJIA |
The S&P has produced a red candlestick which was expected for Wednesday’s session, although I had expected it to show up earlier. The wave count remains the same. Summary: I expect tomorrow’s session to begin with a little more downwards movement...
