by Lara | Jul 10, 2019 | S&P 500, S&P 500 + DJIA |
A small range day makes a new all time high. Today RSI, the AD line and VIX are used to indicate which of two Elliott wave counts may be most likely. Summary: The bull market is expected to continue and corrections are expected to be shallow. A pullback looks still...
by Lara | Jul 9, 2019 | S&P 500, S&P 500 + DJIA |
As expected an outside day continues a sideways consolidation. Summary: The bull market is expected to continue and corrections are expected to be shallow. A more time consuming consolidation or pullback may have just begun. It may continue for another two weeks. The...
by Lara | Jul 8, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day breaches the lower edge of a channel that had previously contained all pullbacks. The short-term Elliott wave count is today changed. Summary: The bull market is expected to continue and corrections are expected to be shallow. A more time...
by Lara | Jul 6, 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 5 July 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jul 6, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement for the week continues as expected, and it has support from rising market breadth and declining volatility. The Elliott wave counts remain the same. Summary: The next short-term target is at 3,058. Look for corrections to continue to be very shallow...
by Lara | Jul 3, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to resume with strength this week, which is exactly what is happening so far. The Elliott wave count targets remain the same. Summary: Strength in this upwards trend may be expected to continue for a while yet. The next short-term target...
by Lara | Jul 2, 2019 | S&P 500, S&P 500 + DJIA |
Further upwards movement was expected. Elliott wave targets remain the same and the Elliott wave count has support from market breadth. Summary: The upwards trend is expected to fairly likely resume with strength this week. The pullback may be over at the low of the...
by Lara | Jun 29, 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 28 June 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jun 28, 2019 | S&P 500, S&P 500 + DJIA |
A small upwards day fits expectations for the short term. At the end of the week, volume and breadth are pointing to the direction for next week. Summary: The upwards trend is expected to fairly likely resume with strength next week. The pullback may be over at the...
