by Lara | Sep 10, 2019 | S&P 500, S&P 500 + DJIA |
Today looks like a typical back test of support after an upwards breakout. The identified area of support is holding. Targets remain the same. Summary: An upwards breakout above 2,940 with support from volume adds confidence in the wave count. The next target is...
by Lara | Sep 9, 2019 | S&P 500, S&P 500 + DJIA |
An outside day with a new high comes with support from rising market breadth. The Elliott wave count remains the same. Summary: An upwards breakout above 2,940 with support from volume adds confidence in the wave count. The next target is 3,120. Classic analysis very...
by Lara | Sep 7, 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 6 September 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Sep 6, 2019 | S&P 500, S&P 500 + DJIA |
A finish to the week with a small range inside day does not change the Elliott wave count. The target remains the same and the wave count has strong support from classic technical analysis. Summary: An upwards breakout above 2,940 with support from volume adds...
by Lara | Sep 5, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout from a consolidation was expected. The Elliott wave target remains the same. The main Elliott wave count has very strong support from classic technical analysis, particularly the AD line. Summary: An upwards breakout above 2,940 with support from...
by Lara | Sep 4, 2019 | S&P 500, S&P 500 + DJIA |
Another upwards day with price closing within a trading range leaves all three Elliott wave counts valid. However, classic technical analysis strongly supports the main Elliott wave count. Summary: An upwards breakout above 2,940 with support from volume would add...
by Lara | Sep 3, 2019 | S&P 500, S&P 500 + DJIA |
Price remains range bound with resistance about 2,940 and support about 2,920. The breakout is still expected to be in the same direction. Targets remain the same. Summary: An upwards breakout above 2,940 with support from volume would add confidence in the main wave...
by Lara | Sep 1, 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 30 August 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Aug 30, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as the main Elliott wave count expected. All three Elliott wave counts remain valid at the end of the week, but the two alternates now have a very low probability. Summary: An upwards breakout above 2,940 with support from volume would add...
