by Lara | Dec 31, 2019 | S&P 500, S&P 500 + DJIA |
A new target is calculated for a third wave to end. Summary: Expect new highs soon. Today all of On Balance Volume, the AD line and VIX give bullish signals. A new target for minor wave 3 is now at 3,260. Three large pullbacks or consolidations (fourth waves) during...
by Lara | Dec 30, 2019 | S&P 500, S&P 500 + DJIA |
A new low below 3,220.51 and the narrow channel about most recent upwards movement suggests a fourth wave correction may have arrived. Fibonacci ratios and the fourth wave of one lesser degree are used to estimate a target for support. Summary: Minor wave 4 should...
by Lara | Dec 28, 2019 | 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 27 December 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Dec 27, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued throughout this week as expected. Summary: Assume the trend remains the same until proven otherwise. Assume more upwards movement to the next short-term target at 3,268. If price makes a new low now below 3,220.51, then assume minor wave 4...
by Lara | Dec 26, 2019 | S&P 500, S&P 500 + DJIA |
The next target was at 3,238 to 3,240. The high this session at 3,240.48 meets expectations. Summary: Assume the trend remains the same until proven otherwise. Assume more upwards movement to the next short-term target at 3,268. If price makes a new low now below...
by Lara | Dec 23, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher as expected. VIX may be sounding an early warning sign of the next pullback or consolidation, but the Elliott wave structure is incomplete and the small 2 point target zone has not yet been met. Summary: The next target is now at 3,238...
by Lara | Dec 22, 2019 | 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 20 December 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Dec 20, 2019 | S&P 500, S&P 500 + DJIA |
All week upwards movement has been expected, which is exactly what has happened. Price is closing in on the target zone of 2 points, which is calculated from a gap and using Fibonacci ratios in the Elliott wave structure. Summary: The next target is now at 3,238 to...
by Lara | Dec 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards the small 2 point target zone, which remains the same. The target is calculated using Elliott wave and Fibonacci ratios, and from the last open gap. Summary: The next target is now at 3,238 to 3,240, which now looks reasonable. About...
