by Lara | Mar 6, 2020 | S&P 500, S&P 500 + DJIA |
Last analysis expected for very short-term movement to move at least slightly below 2,977.24 before an upwards swing began. Price did move lower reaching 2,901.55 and from there bounced up to end the session green. Summary: There is no evidence to suggest the larger...
by Lara | Mar 5, 2020 | S&P 500, S&P 500 + DJIA |
A bounce or sideways consolidation was expected to continue for the short term, which is what is happening. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very deep and not likely to be finished yet. At its conclusion,...
by Lara | Mar 4, 2020 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. Analysis of volume and breadth within this session indicates some strength. What happens tomorrow regarding volume and breadth will be important. Summary: There is no evidence to suggest the larger bull market is over. The...
by Lara | Mar 3, 2020 | S&P 500, S&P 500 + DJIA |
A higher high and a higher low fits the definition of upwards movement today, although the candlestick has closed red. Overall, price continues to behave as expected. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very...
by Lara | Mar 2, 2020 | S&P 500, S&P 500 + DJIA |
A strong bounce to start the week has unfolded as last analysis expected. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very deep and not likely to be finished yet. At its conclusion, it may present a good buying...
by Lara | Feb 29, 2020 | 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 28 February 2020 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Feb 29, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement continued for Friday as last analysis expected. While this fall in price this week has been dramatic, it should be viewed in the larger context of the bull market that began in March 2009. Analysis of the current pullback in context of recent prior...
by Lara | Feb 27, 2020 | S&P 500, S&P 500 + DJIA |
A new low below 3,027.98 invalidates an impulse unfolding upwards and suggests this big fifth wave may be an ending expanding diagonal. Diagonals are not as common as impulses in fifth wave positions, and so until an impulse is invalidated a diagonal should always be...
by Lara | Feb 26, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement continues as last analysis expected. Next identified support has not yet been reached. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull market. At support they...
