by Lara | Apr 17, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Tuesday’s session to begin with a little more downwards movement to a short term target at 1,543, before price turned back upwards. There was no downwards movement, but price has moved upwards and remains below the...
by Lara | Apr 16, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis had just one wave count which expected more upwards movement. The hourly wave count has been invalidated with movement below 1,573.66. The daily wave count remains valid. I have two new wave counts for you today. We should always assume the trend remains...
by Lara | Apr 12, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a little more upwards movement overall. The target at 1,590 – 1,591 has now been passed and the structure is incomplete. A new target is calculated. Click on the charts below to enlarge. This structure is nearing completion,...
by Lara | Apr 10, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected further upwards movement with an increase in momentum, to a target at 1,586 which was expected to be reached within one or two sessions. Price moved higher as expected to reach up to 3.07 points above the target. Momentum has...
by Lara | Apr 10, 2013 | S&P 500, S&P 500 + DJIA |
Movement slightly above 1,573.66 to a new high at 1,573.89 has invalidated the alternate wave count and confirmed the main wave count. We now have clarity and can have more confidence in the target on the main wave count. I have just the one daily and one hourly wave...
by Lara | Apr 9, 2013 | S&P 500, S&P 500 + DJIA
Last analysis diverged: the main wave count expected upwards movement while the alternate expected downwards movement. Price has moved higher but still remains within the range in which both wave counts remain valid. We need to see price break out of this range to...
