The 200 day moving average has rolled over today. It is again positively sloped.
The alternate Elliott wave count has been invalidated, which gives further confidence in the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 17, 2019
Upwards movement continues as the main Elliott wave count expects.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 16, 2019
The upwards trend has resumed after a small triangle completed, which was exactly what the Elliott wave count expected.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 15, 2019
A very small range sideways day has prompted a slight change to the short-term outlook. The mid and long-term outlook remains the same and has support from classic technical analysis.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 14, 2019
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 11th January, 2019, is published on the Elliott Wave Gold website. You can access the analysis here.
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 January 11, 2019, is published on the Elliott Wave Gold website. You can access the analysis here.
Analysis has expected upwards movement, which has continued all week.
Today’s analysis looks at measures of internal strength of the market to determine if this bounce should continue or if it could be complete.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 11, 2019
A very short-term pullback was expected to begin this session. While the session did make a lower low, price overall has moved higher and the target for the pullback was not met.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 10, 2019
More upwards movement has unfolded, which is what was expected for the bigger picture.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 9, 2019