by Lara | Jun 2, 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 1st June, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jun 2, 2018 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count in last analysis expected upwards movement. This is exactly what is happening. Summary: While price remains above 2,700.68, assume a third wave may be unfolding. The short term target is at 2,824 or 2,915. The mid to longer term target is...
by Lara | May 31, 2018 | S&P 500, S&P 500 + DJIA |
An inside day closes red and remains above the short term invalidation point on the hourly chart. Overall, the analysis remains the same. A signal today from On Balance Volume prompts two alternate hourly wave counts for the short term picture. Summary: While price...
by Lara | May 30, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main hourly Elliott wave count expected a low was in place and price should move higher the following session. This is so far exactly what is happening. The AD line gives a very important signal today, which should not be ignored and will be given...
by Lara | May 29, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected that a pullback was not over. Downwards movement for the start of the new week fits this expectation. Summary: Some bullish divergence today between price and the AD line, along with a long lower candlestick wick, suggest the pullback may be...
by Lara | May 26, 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 25th May, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | May 26, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day fits the Elliott wave count. At the end of the week, VIX and the AD line and On Balance Volume are all giving signals which are in agreement. Summary: Bearish signals at the end of the week from VIX and the AD line and On Balance Volume all favour...
by Lara | May 24, 2018 | S&P 500, S&P 500 + DJIA |
A lower low and a lower high fits the definition of downwards movement, which is what was expected for the session. Summary: The main Elliott wave count expects some sideways movement for another few days, with support remaining about 2,701. An alternate Elliott wave...
by Lara | May 23, 2018 | S&P 500, S&P 500 + DJIA |
A little downwards movement was expected for Wednesday’s session. A lower low and a lower high fits the definition of downwards movement. Summary: A new low now below 2,709.18 would confirm the pullback is not over; the target would be 2,686, although this may...
