by Lara | Feb 22, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as last analysis expected it to. Summary: Upwards movement is slowing now it has reached a strong zone of resistance about 2,800 to 2,815. A new first target for the trend to be interrupted is at 2,814. If price reaches 2,814 and the...
by Lara | Feb 21, 2019 | S&P 500, S&P 500 + DJIA |
Today’s small pullback is analysed for internal strength or weakness. The Elliott wave count is adjusted for the short term while the mid-term target remains the same. Summary: The target is at 2,856. If the target is wrong, it may be too high; there is very...
by Lara | Feb 20, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards the target as expected. This bullish movement has support from rising market breadth and declining volatility. Summary: The target is at 2,856. If the target is wrong, it may be too high; there is very strong resistance just above at...
by Lara | Feb 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected and the target remains the same. Summary: The target is at 2,856. If the target is wrong, it may be too high; there is very strong resistance just above at 2,800 to 2,815. The upwards trend should be assumed to continue as long...
by Lara | Feb 16, 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 15th February 2019, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Feb 16, 2019 | S&P 500, S&P 500 + DJIA |
The first target at 2,767 was met and price kept rising. The next target is now used. Summary: The target is at 2,856. The upwards trend should be assumed to continue as long as price remains within the blue Elliott channel. The bigger picture still expects that a low...
by Lara | Feb 14, 2019 | S&P 500, S&P 500 + DJIA |
A small range downwards day closes as a doji. Targets remain the same. The Elliott wave count remains valid and price remains within a channel. Summary: The first target is now at 2,767. Thereafter, if the structure of minor wave 5 is incomplete or if price keeps...
by Lara | Feb 13, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as the Elliott wave count expected. The target remains the same. Summary: A target now is at 2,856 for the short term. The upwards trend should be assumed to continue as long as price remains above 2,718.05. A new low below 2,718.05 would...
by Lara | Feb 12, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout with support from volume suggests a new Elliott wave count. Summary: A target now is at 2,856 for the short term. If this target is wrong, it may not be high enough. The upwards trend should be assumed to continue as long as price remains above...