by Lara | May 22, 2018 | S&P 500, S&P 500 + DJIA |
A signal today from On Balance Volume and VIX gives an indication of the direction for tomorrow. So far price is behaving mostly as expected, and the Elliott wave count remains the same at the daily chart level. Summary: Look for a pullback tomorrow which may end...
by Lara | May 21, 2018 | S&P 500, S&P 500 + DJIA |
The AD line gives another strong signal today, which offers good support to the Elliott wave count. The short term picture changes with this signal: the main and alternate hourly wave counts are again swapped over today. Summary: The AD line has made another all time...
by Lara | May 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 18th May, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | May 19, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Another signal from the AD line to end the trading week gives strong confidence in the Elliott wave analysis. In light of recent signals from the AD line and On Balance Volume, it is time to step back and look again at monthly charts for the Elliott wave count, and...
by Lara | May 17, 2018 | S&P 500, S&P 500 + DJIA |
A new signal today from the AD line requires a new Elliott wave count for the short term expectation. The new Elliott wave count has a new short term target. Summary: A new all time high from the AD line is very bullish. Expect upwards movement as most likely...
by Lara | May 16, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a short term pullback to continue. A little upwards movement within the pullback fits expectations as wave B unfolds. The Elliott wave count remains the same. Summary: A little more downwards movement tomorrow may end about 2,688 to...
by Lara | May 15, 2018 | S&P 500, S&P 500 + DJIA |
As expected from yesterday’s AD line and VIX bearish signals, price moved lower today. Two support lines are identified on charts today, along with a Fibonacci ratio, to indicate where the pullback may end. Summary: A short term Elliott wave target is 2,744. A...
by Lara | May 14, 2018 | S&P 500, S&P 500 + DJIA |
Both VIX and the AD line today give the same signal, suggesting the direction for tomorrow. Summary: A short term Elliott wave target is 2,744. A short term classic analysis target is 2,811. At about one of these points a small consolidation or pullback may be...
by Lara | May 12, 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 11th May, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
