by Lara | Apr 27, 2019 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Upwards movement continues as expected. A new Elliott wave count at the monthly chart level is presented. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010. However, some near-term...
by Lara | Apr 25, 2019 | S&P 500, S&P 500 + DJIA |
The very short-term analysis on the hourly chart expected a little downwards movement for Thursday, which is what has happened. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010....
by Lara | Apr 24, 2019 | S&P 500, S&P 500 + DJIA |
A high today at 2,936.83 is very close to the last all time high at 2,940.91. The Elliott wave count has been expecting the last all time high at 2,940.91 to be challenged for many weeks now. Summary: The upwards trend remains intact and there is underlying strength...
by Lara | Apr 23, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout has support from volume today. Elliott wave targets remain the same. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010. The final target remains the same at 3,045....
by Lara | Apr 22, 2019 | S&P 500, S&P 500 + DJIA |
A small range day closes with price range bound. This meets the overall expectation for the Elliott wave count for the short term. Summary: A consolidation may unfold here that may be shallow and short lived. It may now end in another one or two sessions about 2,890....
by Lara | Apr 21, 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 19 April 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Apr 18, 2019 | S&P 500, S&P 500 + DJIA |
A consolidation was expected to continue. A small downwards day closes as a Doji, which fits expectations. Summary: The upwards trend remains intact and there is underlying strength in this market still. A consolidation may unfold here that may be shallow and short...
by Lara | Apr 17, 2019 | S&P 500, S&P 500 + DJIA |
Some consolidation or a pullback was expected to begin. An outside day which closes red overall fits this expectation. Summary: The upwards trend remains intact. A consolidation may unfold here that may be shallow and short lived. The final target remains the same at...
by Lara | Apr 16, 2019 | S&P 500, S&P 500 + DJIA |
A short-term target for a pullback or consolidation was 2,918. Today’s high at 2,916.06 is just 1.94 points short of the target. Summary: The upwards trend remains intact. A consolidation may unfold here that may be shallow and short lived. The final target...
