by Lara | Aug 4, 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 3rd August, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Aug 4, 2018 | S&P 500, S&P 500 + DJIA |
An upwards day fits expectations for the main short term Elliott wave count. Summary: Assume that while price remains above 2,791.47 either a shallow consolidation may continue sideways for a few days or a brief pullback was over at the last low. A new high above...
by Lara | Aug 2, 2018 | S&P 500, S&P 500 + DJIA |
An outside day fits all three short term Elliott wave counts. Volume, On Balance Volume and the AD line will be used today to determine if the consolidation is likely over or may continue. Summary: Assume that while price remains above 2,791.47 either a shallow...
by Lara | Aug 1, 2018 | S&P 500, S&P 500 + DJIA |
A small upwards day closes red. Yesterday’s analysis expected a shallow consolidation may continue sideways, which is exactly what is happening so far. Summary: Assume that while price remains above 2,791.47 either a shallow consolidation may continue sideways...
by Lara | Jul 31, 2018 | S&P 500, S&P 500 + DJIA |
A small upwards day remains below the short term Elliott wave invalidation point. Three short term Elliott wave counts are presented today. Summary: Assume that while price remains above 2,791.47 either a shallow consolidation may continue sideways for a few days or a...
by Lara | Jul 30, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected a pullback or consolidation to begin the new trading week. A red daily candlestick fits this expectation perfectly. Summary: Expect that a shallow consolidation is most likely unfolding while price remains above 2,791.47. Expect the...
by Lara | Jul 28, 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 27th July, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jul 28, 2018 | S&P 500, S&P 500 + DJIA |
For the very short term, for Friday’s session, a pullback to about 2,828 was expected. A pullback did unfold but was deeper than expected, reaching 2,808. Summary: Look out for some consolidation next week before the resumption of the upwards trend. The bigger...
by Lara | Jul 26, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day gives a candlestick pattern that may suggest short term movement for the next one to very few sessions. Another signal today from the AD line adds confidence to the Elliott wave count at the daily chart level and the bigger picture. Summary: A new...