by Lara | Aug 25, 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 24th August, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Aug 25, 2018 | S&P 500, S&P 500 + DJIA |
An extremely likely new all time high for the S&P has been expected. Summary: Expect price to keep moving higher next week. We may not see another consolidation or pullback of reasonable duration until primary wave 3 is complete. The mid to longer term target is...
by Lara | Aug 23, 2018 | S&P 500, S&P 500 + DJIA |
A red daily candlestick fits expectations of overall downwards movement for the session. An outside day remains below the last high. Summary: A Gravestone Doji at the last high, weak volume for upwards movement, and a bearish signal from On Balance Volume all give a...
by Lara | Aug 22, 2018 | S&P 500, S&P 500 + DJIA |
A pullback was expected to begin the new trading week. A lower low and a lower high fits this expectation exactly. Summary: A Gravestone Doji at the last high is a strong warning that a pullback may unfold here. If it does, then the target for it to end is now at...
by Lara | Aug 21, 2018 | S&P 500, S&P 500 + DJIA |
A small range upwards day completes a significant candlestick pattern. This is analysed today in context with signals from On Balance Volume and the AD line. Summary: A Gravestone Doji today is a strong warning that a pullback may begin here. If it does, then the...
by Lara | Aug 20, 2018 | S&P 500, S&P 500 + DJIA |
A very small upwards day fits short term expectations exactly. The main Elliott wave count remains the same and has support from the short term volume profile. Summary: Look for a final small pullback that may take one to three days to unfold and may end about 2,824....
by Lara | Aug 19, 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 17th August, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Aug 19, 2018 | S&P 500, S&P 500 + DJIA |
Another upwards day fits expectations for the short term picture. At the end of this week, strong signals from the AD line reinforce the long term Elliott wave count. Summary: Overall, it still looks most likely that a small Elliott wave triangle may complete early...
by Lara | Aug 16, 2018 | S&P 500, S&P 500 + DJIA |
An upwards day that remains within the current small consolidation zone fits expectations for the main short term Elliott wave count, which expected more sideways movement. Summary: It still looks most likely that price may continue sideways for another two to few...