by Lara | May 16, 2019 | Bitcoin |
Last analysis on the 8th of April identified a clear price point at 7,234.83 to differentiate two Elliott wave counts. A new high above 7,234.83 on the 10th of May has switched the balance of probability towards another bubble forming for Bitcoin, which would still be...
by Lara | May 15, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a small bounce or sideways consolidation was expected to continue. A slightly higher high and higher low fits this expectation perfectly. Summary: For the very short term, a sideways consolidation may now continue for a few sessions. Within...
by Lara | May 14, 2019 | S&P 500, S&P 500 + DJIA |
A small range day moved price slightly higher. This fits the new short-term expectation for the Elliott wave count. Summary: For the very short term, a small and sharp bounce or a sideways consolidation may unfold over the next few sessions. Thereafter, the pullback...
by Lara | May 13, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement is now too large to look right for the main daily chart. The bigger picture remains the same. Summary: A pullback is now expected to continue for another one to very few weeks. The first target is at 2,722 and thereafter at 2,579. The low of...
by Lara | May 11, 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 10 May 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | May 10, 2019 | S&P 500, S&P 500 + DJIA |
Price closed back within the channel and remains above the invalidation point. Summary: The upwards trend may now resume. The final target remains the same at 3,045. A new limit for this fifth wave to end is now at 3,057.25. The biggest picture, Grand Super Cycle...
by Lara | May 9, 2019 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for the session to reach the lower edge of a channel. The channel was overshot and price quickly reversed to close back within it. This is mostly what was expected. Summary: The upwards trend may now resume. The final target...
by Lara | May 9, 2019 | AORD, Public Analysis |
Summary: Currently, there is a high risk of either a deeper pullback or a large time consuming consolidation. Conditions are extreme and there is some weakness. However, there is an upwards trend that should be assumed to remain intact while the last swing low at...
by Lara | May 8, 2019 | S&P 500, S&P 500 + DJIA |
A small inside day leaves the short-term Elliott wave count unchanged. Summary: A pullback may end when price finds support at the lower edge of the maroon Elliott channel, which is drawn on both daily and hourly charts. Thereafter, the upwards trend may resume. The...
