by Lara | Mar 14, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day is inconclusive. The short-term structure on the hourly chart prompts another way to look at the alternate Elliott wave count today. Summary: A new target for upwards movement to be interrupted by a larger correction is now about 2,896....
by Lara | Mar 13, 2019 | S&P 500, S&P 500 + DJIA |
A new high leaves the alternate Elliott wave count valid but prompts a reanalysis of this upwards wave. Two new Elliott wave counts are published for members. The main Elliott wave count has support from volume and VIX. Summary: A new target for upwards movement to be...
by Lara | Mar 12, 2019 | S&P 500, S&P 500 + DJIA |
A small range day leaves the main Elliott wave count unchanged. Summary: Targets for a multi-week pullback are 2,637 or 2,526. However, if price closes above 2,816.88 on an upwards day with support from volume, then that would be a classic upwards breakout and the...
by Lara | Mar 11, 2019 | S&P 500, S&P 500 + DJIA |
Both Elliott wave counts for the short term expected a bounce to begin the week, which is what has happened. Summary: Targets for a multi-week pullback are 2,637 or 2,526. However, if price closes above 2,816.88 on an upwards day with support from volume, then that...
by Lara | Mar 11, 2019 | Trading Tips
MotiveWave is a powerful Elliott Wave software that I use everyday to prepare and publish my Elliott Wave charts. MotiveWave is having a Spring Sale for 7 DAYS. Spring Sale will run from Tuesday, March 12th to Midnight EST on Monday, March 18th. MotiveWave is also an...
by Lara | Mar 9, 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 8th March 2019, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Mar 8, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement continued as the Elliott wave analysis expected. Summary: Targets for a multi-week pullback are 2,637 or 2,656. At its end, this pullback may offer an opportunity to join the upwards trend prior to new all time highs. New updates to this analysis...
by Lara | Mar 7, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected after yesterday’s analysis and that is exactly what has happened. Targets remain the same. Summary: Targets for a multi-week pullback are 2,637 or 2,526. *Edit: corrected At its end, this pullback may offer an opportunity to join...
by Lara | Mar 6, 2019 | S&P 500, S&P 500 + DJIA |
Sideways movement continues but now all of On Balance Volume, the AD line, and inverted VIX give the same signals. The Elliott wave count is updated. Summary: The channel on the daily chart is now fully breached today indicating a likely start to primary wave 2....