by Lara | Mar 25, 2019 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Monday, although the short-term target at 2,796 was too high. Summary: The upwards trend should resume. The mid-term target remains the same at 3,010. The final target remains the same at 3,045. Only a new low below...
by Lara | Mar 23, 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 22 March 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Mar 22, 2019 | S&P 500, S&P 500 + DJIA |
While the short-term invalidation point on the hourly chart was breached on Friday, the larger picture remains mostly the same and has support from classic technical analysis. Summary: For the very short term, Monday may see a little more downwards movement. The...
by Lara | Mar 21, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards the targets. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout. A third wave up may now gather strength. A new short-term target is calculated at...
by Lara | Mar 20, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement remains well above the invalidation point and the lower edge of the channel on the main Elliott wave daily chart. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards...
by Lara | Mar 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has continued as expected. The target remains the same. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout. A third wave up may now gather strength. A new mid term...
by Lara | Mar 18, 2019 | S&P 500, S&P 500 + DJIA |
Now that price has broken above resistance more upwards movement was expected. The Elliott wave target remains the same. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout. A third...
by Lara | Mar 17, 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 15 March 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Mar 16, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as the main Elliott wave count expected. The target remains the same. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout, and requires the Elliott wave...