A short-term pullback was expected to begin on Friday, but this did not eventuate. Overall, an upwards trend was expected to be in place and this continues. The target remains the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 30th November, 2018
Upwards movement again continued as the main Elliott wave count expected.
Today the AD line and VIX give a signal for tomorrow’s direction. Fibonacci ratios are used as targets.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 29th November, 2018
Upwards movement was expected as most likely for Wednesday. The target on the main Elliott wave count remains the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 28th November, 2018
Upwards movement has continued as the main Elliott wave count expected.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 27th November, 2018
Upwards movement completes a candlestick reversal pattern. This and volume indicate the Elliott wave counts should be swapped over today.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 26th November, 2018
Video 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 23rd November, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
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 23rd November, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
A quiet end to a short-trading week makes little difference to all five Elliott wave counts.
Classic technical analysis mostly favours the first presented Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 23rd November, 2018
Upwards movement was expected for Wednesday’s session. A higher high and a higher low fits the definition of an upwards day.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 21st November, 2018