by Lara | Jan 31, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as expected towards the targets. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large pullback for a second wave at primary degree may begin. For...
by Lara | Jan 30, 2019 | S&P 500, S&P 500 + DJIA |
Last analysis identified a small pennant pattern and expected an upwards breakout. This is exactly what has happened. Targets are calculated using an Elliott wave count with Fibonacci ratios, and the flag pole of the pennant. Summary: A small pennant pattern has now...
by Lara | Jan 29, 2019 | S&P 500, S&P 500 + DJIA |
Another small range day remains tightly constrained between support and resistance. A developing pattern suggests the direction for a breakout. Targets may be calculated using an Elliott wave count, Fibonacci ratios and classic analysis. Summary: A small pennant...
by Lara | Jan 28, 2019 | S&P 500, S&P 500 + DJIA |
Price has essentially moved sideways for Monday’s session, which is what the Elliott wave count expected. Summary: The first large correction within cycle wave V may have arrived. It may be labelled either intermediate wave (1) or primary wave 1. Classic...
by Lara | Jan 26, 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 January 25, 2019, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jan 25, 2019 | S&P 500, S&P 500 + DJIA |
Market breadth and volatility are used at the end of this week to indicate the direction for next week. The Elliott wave count continues to have support from rising market breadth in the AD line and declining VIX. Summary: The first large correction within cycle wave...
by Lara | Jan 24, 2019 | S&P 500, S&P 500 + DJIA |
A small inside day fits both Elliott wave counts. Summary: The first large pullback within cycle wave V may have arrived. It may be labelled either intermediate wave (1) or primary wave 1. The target is at 2,472, which may be met in three or five weeks. It is also...
by Lara | Jan 23, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. A lower low and a lower high fits this expectation for the session. Summary: The first large pullback within cycle wave V may have arrived. It may be labelled either intermediate wave (1) or primary wave 1. The target is at 2,472,...
by Lara | Jan 22, 2019 | S&P 500, S&P 500 + DJIA |
Elliott wave structure of the last upwards movement off December 2018 lows is used to analyse what is most likely to happen for the short to mid term. Summary: The first large pullback within cycle wave V may have arrived. It may be labelled either intermediate wave...
