by Lara | Jun 20, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,597.35 has invalidated the wave count. I have two wave counts for you today. We may use confirmation / invalidation points to work with these wave counts over the next week or so. I will look back at the monthly / weekly chart in today’s video...
by Lara | Jun 19, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more upwards movement towards a short term target at 1,672 to 1,677. This did not happen and movement below the short term invalidation point at 1,646.50 invalidated yesterday’s labeling on the hourly chart. The degree of...
by Lara | Jun 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two hourly wave counts. Upwards movement for Tuesday’s session fits the main wave count better. The alternate remains valid but does not have the right look so I will discard it. Click on the charts below to enlarge. The bigger...
by Lara | Jun 17, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement. We did see price move higher and the wave count remains valid, but the lack of momentum and sideways movement over the last few sessions indicates a triangle may be almost completing. I have a new alternate hourly...
by Lara | Jun 14, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Thursday’s session to begin with a very little downwards movement, before turning upwards. This is exactly what happened. The wave count remains the same and I still have just the one daily and one hourly chart for you. Click...
by Lara | Jun 13, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts. The main wave count was invalidated with movement below 1,622.92 and the alternate was confirmed. Price continued lower to reach the target on the alternate hourly wave count. Click on the charts below to enlarge....
by Lara | Jun 11, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts with confirmation / invalidation points. Movement below 1,632.98 invalidated the main hourly wave count and confirmed the alternate. Click on the charts below to enlarge. The bigger picture sees upwards movement...
by Lara | Jun 10, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement to begin the new trading week, which is what has happened. Although price has not moved significantly higher MACD shows a small increase in upwards momentum which is also what we expected to see. The wave count remains the same....
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...
