by Lara | Jun 27, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a little more downwards movement was expected. Price has moved sideways in a very small range for the session, which overall fits the Elliott wave count. Summary: For the very short term, price may move a little more sideways and then lower to...
by Lara | Jun 26, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a little more downwards movement was expected. Another red daily candlestick has printed with a lower low and a lower high, fitting expectations. Summary: For the very short term, a little more downwards movement may now end about 2,884. The low of...
by Lara | Jun 25, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a little more downwards movement was expected to end about 2,930 to 2,924. Downwards movement for the session reached 2,916.01, 7.99 below the lower edge of the target zone. Summary: For the very short term, a little more downwards movement...
by Lara | Jun 24, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a small pullback was expected to begin the new trading week, which is what has happened. The Elliott wave count and targets remain the same. Summary: For the very short term, a little more downwards movement may find support about 2,930 to...
by Lara | Jun 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 21 June 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jun 22, 2019 | S&P 500, S&P 500 + DJIA |
Further upwards movement continues as expected from the Elliott wave count. Summary: The low of December 2018 is expected to most likely remain intact. The next short-term target is at 3,068 (Elliott wave) to 3,079 (classic analysis from the pennant). This next...
by Lara | Jun 20, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue and to show an increase in strength. A new all time high was expected. Volume for the NY Comp today at 3.8 billion shares is well above the 30 day average of 3.4 billion shares, fitting the expectation of strength in this...
by Lara | Jun 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has continued for the session as expected. The Elliott wave counts remain the same. Summary: The low of December 2018 is expected to most likely remain intact. New all time highs are expected soon. The next short-term target is at 3,068 (Elliott wave)...
by Lara | Jun 18, 2019 | S&P 500, S&P 500 + DJIA |
A consolidation was expected to be shallow and continue this week. A pennant pattern identified on the daily chart now has an upwards breakout. The gap may be useful for traders. A target is calculated using the flag pole. Summary: The low of December 2018 is expected...
