by Lara | Jan 19, 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 18, 2019, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jan 18, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has continued all week exactly as expected. Price has reached the target and exceeded it by 2.47 points, but the Elliott wave structure is incomplete. A new target is calculated. Summary: The target for intermediate wave (1) to end is now at 2,687....
by Lara | Jan 17, 2019 | S&P 500, S&P 500 + DJIA |
The 200 day moving average has rolled over today. It is again positively sloped. The alternate Elliott wave count has been invalidated, which gives further confidence in the main Elliott wave count. Summary: The target for intermediate wave (1) to end is at 2,673 with...
by Lara | Jan 16, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. Summary: The target for intermediate wave (1) to end is at 2,673 with a limit at 2,731.32. The target may be met in another very few sessions. A new low now below 2,593.96 would indicate a deeper...
by Lara | Jan 14, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend has resumed after a small triangle completed, which was exactly what the Elliott wave count expected. Summary: The target for intermediate wave (1) to end is at 2,673 with a limit at 2,731.32. The target may be met in another two to three sessions....
by Lara | Jan 14, 2019 | S&P 500, S&P 500 + DJIA |
A very small range sideways day has prompted a slight change to the short-term outlook. The mid and long-term outlook remains the same and has support from classic technical analysis. Summary: For the short term, while price remains now above 2,520.27, a small fourth...
by Lara | Jan 12, 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 11, 2019, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jan 11, 2019 | S&P 500, S&P 500 + DJIA |
Analysis has expected upwards movement, which has continued all week. Today’s analysis looks at measures of internal strength of the market to determine if this bounce should continue or if it could be complete. Summary: For the short term, now expect more...
by Lara | Jan 10, 2019 | S&P 500, S&P 500 + DJIA |
A very short-term pullback was expected to begin this session. While the session did make a lower low, price overall has moved higher and the target for the pullback was not met. Summary: For the short term, now expect more upwards movement as most likely. This may be...