A small downwards day leaves both Elliott wave counts valid. Internal strength or weakness of the last few sessions is analysed to indicate which Elliott wave count looks most likely.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 20, 2019
Upwards movement remains below the short-term invalidation point. The Elliott wave counts are swapped over today after analysis of internal volume and breadth in the last two sessions.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 19, 2019
Commentary and charts of Lara’s Weekly, an end of week Elliott Wave and Technical Analysis of the S&P 500 and GOLD and USOIL, for week ending 16 August 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
Video of Lara’s Weekly, an end of week Elliott Wave and Technical Analysis of the S&P 500 and GOLD and USOIL, for week ending 16 August 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
For the short term, a small amount of upwards movement to either 2,871 or 2,898 was expected for Friday. Upwards movement reached 2,893.63.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 16, 2019
Another downwards day closes green with a smaller range Doji. Analysis of volume within the session supports the Elliott wave counts.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 15, 2019
A strong downwards day fits what was yesterday’s alternate Elliott wave count, which has increased in probability to now become the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 14, 2019
Upwards movement today fits the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 13, 2019
A sideways inside day to end the trading week leaves both Elliott wave counts essentially the same.
Classic technical analysis favours the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 12, 2019