by Lara | Aug 12, 2013 | S&P 500, S&P 500 + DJIA |
The situation is a little clearer today for the S&P 500, and with the Dow continuing (so far!) to have a very clear wave count I have some more confidence today in the main wave count here. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 9, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement from the main hourly wave count which is what happened. The alternate requires confirmation before we may have any confidence in it whatsoever. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 7, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,684.94 invalidated both hourly wave counts. The daily wave count remains valid. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci relationships in time. Minor wave 3 is...
by Lara | Aug 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts which diverged. The alternate expected some downwards movement and was confirmed below 1,703.55. However, the target of 1,700 was comfortably exceeded. I have a new hourly wave count for you today. Click on the...
by Lara | Aug 6, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session with an increase in momentum, but this did not happen. Price has moved sideways in a small range remaining well above the invalidation point. This sideways movement has indicated a more likely...
by Lara | Aug 1, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Thursday to begin with at least a little downwards movement before price turned higher. We did not see any downwards movement, the correction was already over, and we now have a new high which was what the main and daily wave counts...
by Lara | Jul 31, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement and a new high was made. Price has turned lower at the end of Wednesday’s session and remains well above the invalidation point on the hourly chart. I have two hourly wave counts for you today with the same...
by Lara | Jul 30, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Tuesday’s session. Price did move upwards to make a new high beyond Monday, before turning lower. Price remains above the invalidation point on the hourly chart and the wave count remains valid. We have...
by Lara | Jul 29, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a continuation of upwards movement to begin on Monday. Price has moved lower but remains well above the invalidation point on the hourly chart. The wave count remains the same with just the one daily and one hourly chart today. Click on the...
