by Lara | Jul 5, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected from the main Elliott wave count. Summary: The AD line today makes a new all time high. This is extremely bullish. Today’s candlestick has a long lower wick and closes very close to highs. Expect upwards movement as most...
by Lara | Jul 3, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session. A higher high and a higher low fits the definition of upwards movement, although the candlestick has closed red. Summary: On Balance Volume and the AD line are very bullish, supporting the main Elliott wave...
by Lara | Jul 2, 2018 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected upwards movement, which is what has happened for Monday. Signals today from all of On Balance Volume, inverted VIX and the AD line are all in agreement over the direction for the short term. Summary: A bullish signal from On...
by Lara | Jun 30, 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 29th June, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jun 30, 2018 | S&P 500, S&P 500 + DJIA |
Overall, upwards movement was expected from the main Elliott wave count. Summary: It is still possible that before this pullback is done one more low may be seen Monday or Tuesday. A new high above 2,757.12 would provide confidence that a low is in place. The target...
by Lara | Jun 28, 2018 | S&P 500, S&P 500 + DJIA |
Some more downwards movement, at least for the start of the session, was expected. This is exactly what happened. Summary: If price makes a new high above 2,743.19, then some confidence may be had that a low is in place. The target would be about 2,849 for the next...
by Lara | Jun 27, 2018 | S&P 500, S&P 500 + DJIA |
An outside day leaves both hourly wave counts valid. A new daily wave count is added today to the analysis. Summary: This pullback does not look complete. Expect downwards movement for at least the start of tomorrow’s session. The target is about 2,670. If price...
by Lara | Jun 26, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session. Price moved sideways in a small range to complete a doji candlestick, neither confirming nor invalidating yesterday’s analysis. Summary: A small green doji lacking support from volume does not...
by Lara | Jun 25, 2018 | S&P 500, S&P 500 + DJIA |
A new low below 2,742.24 at the start of the session indicated an alternate Elliott wave count was correct, which expected a deeper pullback to about 2,721. Price moved lower to reach down to 2,698.67. Summary: It looks likely that price may bounce strongly from here....
