by Lara | Sep 6, 2018 | S&P 500, S&P 500 + DJIA |
The last gap is closed, indicating it should be an exhaustion gap. The bearish wave count now increases in probability, but both bull and bear Elliott wave counts remain valid. Summary: The probability of the bearish wave count must now be considered to have...
by Lara | Sep 5, 2018 | S&P 500, S&P 500 + DJIA |
Identified support at the last gap remains open today, but only just. A clear price point is given to members, which will indicate a change from bull to bear if it is passed. Summary: The trend is up. Assume the trend remains the same while price remains above...
by Lara | Sep 4, 2018 | S&P 500, S&P 500 + DJIA |
A little more downwards movement to begin the new trading week remains above identified support. The Elliott wave count remains the same. Summary: The trend is up. Assume the trend remains the same until proven otherwise. The last gap may be a breakaway gap, which may...
by Lara | Sep 1, 2018 | Gold, Lara's Weekly, S&P 500, US Oil
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 31st August, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Sep 1, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected for the short term a small amount of downwards movement as most likely to end about 2,892.64. A small downwards day with a low at 2,891.73 fits this expectation almost exactly. Summary: The trend is up. Assume the trend remains the same until...
by Lara | Aug 30, 2018 | S&P 500, S&P 500 + DJIA |
Today’s small shallow correction fits the overall expectation of the main Elliott wave count. Summary: The trend is up. Assume the trend remains the same until proven otherwise. The last gap may be a breakaway gap, which may offer support at 2,876.16. Gaps can...
by Lara | Aug 29, 2018 | S&P 500, S&P 500 + DJIA |
A small shallow correction within the upwards trend was expected to unfold today but did not. The overall trend remains upwards, as expected, but there are a cluster of bearish signals developing to watch. Summary: The trend is up. Assume the trend remains the same...
by Lara | Aug 28, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as the Elliott wave count expects. On Balance Volume gives a new signal today to support the Elliott wave analysis. Summary: For the very short term, a small shallow correction may unfold tomorrow. The last gap may be a breakaway...
by Lara | Aug 27, 2018 | S&P 500, S&P 500 + DJIA |
Price continues higher exactly as the Elliott wave count expects. Members were warned at the end of last week to look out for strength in upwards movement. With a strong gap higher and an increase in slope of upwards movement, that is what is happening so far....
