by Lara | Aug 8, 2019 | S&P 500, S&P 500 + DJIA |
A strong upwards day sees the Elliott wave counts swapped over. Targets remain the same. Summary: An 80% up day, a shaven head, closure of the last gap, and bullish divergence between price and both of the AD line and inverted VIX indicate it is likely a low was in...
by Lara | Aug 7, 2019 | S&P 500, S&P 500 + DJIA |
Sideways movement fits the main Elliott wave count. The target remains the same. Summary: The main Elliott wave count expects the pullback may continue lower to 2,663 or 2,579. A new low below 2,822.12 would increase the probability of this scenario. Alternatively, a...
by Lara | Aug 6, 2019 | S&P 500, S&P 500 + DJIA |
The internal strength of this upwards day is analysed to determine which Elliott wave count looks more likely. Summary: The wave counts are today swapped over. The main Elliott wave count now expects the pullback may continue lower to 2,663 or 2,579. A new low below...
by Lara | Aug 5, 2019 | S&P 500, S&P 500 + DJIA |
A new low at the open of the session invalidated the main Elliott wave count and gave confidence to the alternate. At that stage, the target for downwards movement was 2,842.28. The low for the session was at 2,822. Summary: Two wave counts today may have about even...
by Lara | Aug 3, 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 2 August 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Aug 3, 2019 | S&P 500, S&P 500 + DJIA |
At the end of this week, the AD line and VIX indicate the most likely Elliott wave count. Summary: The main wave count will expect intermediate wave (2) may now be over and a third wave up at two degrees may begin on Monday. The target is at 3,213. Confidence in this...
by Lara | Aug 1, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected further downwards movement. The AD line indicates how much more may be expected. Summary: Intermediate wave (2) may continue overall for a few more sessions, possibly as long as a week or two. The target remains at support at 2,912....
by Lara | Jul 31, 2019 | S&P 500, S&P 500 + DJIA |
Despite a bullish move from the AD line yesterday, price has moved strongly lower. The short to mid-term picture is adjusted with new data, but the longer-term picture remains the same. Today the AD line indicates how much more downwards movement may be in store....
by Lara | Jul 30, 2019 | S&P 500, S&P 500 + DJIA |
Another test of support today saw price bounce again. The AD line today sends a strong indication of what to expect tomorrow; this supports the Elliott wave count. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target...
