by Lara | Aug 29, 2019 | S&P 500, S&P 500 + DJIA |
Analysis of internal strength or weakness of the last few sessions indicates the main Elliott wave count is more likely. Two alternate Elliott wave counts remain valid. Summary: An upwards breakout above 2,940 with support from volume would add confidence in the main...
by Lara | Aug 28, 2019 | S&P 500, S&P 500 + DJIA |
Price remains range bound and all three Elliott wave counts remain valid. Summary: An upwards breakout above 2,940 with support from volume would add confidence in the main wave count. If this happens, then the next target is 3,120. Today an 80% up day now supports...
by Lara | Aug 27, 2019 | S&P 500, S&P 500 + DJIA |
Today the AD line, On Balance Volume and inverted VIX give signals which support alternate Elliott wave counts. Price remains range bound. The alternate Elliott wave counts expect the same direction for the breakout. Summary: A new low below 2,822.12 would indicate a...
by Lara | Aug 26, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day leaves all Elliott wave counts unchanged. Summary: Conditions are still suggesting a sustainable low may be in place although today the absence of any strength is concerning for this view. The next target is 3,120. A new low below...
by Lara | Aug 24, 2019 | Gold, Lara's Weekly, S&P 500, S&P 500 + DJIA, 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 23 August 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Aug 24, 2019 | S&P 500, S&P 500 + DJIA |
Price remains constrained within a small zone of support and resistance. The three Elliott wave counts remain the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a...
by Lara | Aug 22, 2019 | S&P 500, S&P 500 + DJIA |
A breakout is expected tomorrow. The target remains the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a continuing deeper pullback. The first target would then be at...
by Lara | Aug 21, 2019 | S&P 500, S&P 500 + DJIA |
Another very small range day with price closing within a consolidation zone leaves the Elliott wave analysis the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a...
by Lara | Aug 20, 2019 | S&P 500, S&P 500 + DJIA |
A small downwards day leaves both Elliott wave counts valid. Internal strength or weakness of the last few sessions is analysed to indicate which Elliott wave count looks most likely. Summary: Conditions are still suggesting a sustainable low may be in place. The next...
