by Lara | Dec 22, 2018 | 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 December 21, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Dec 21, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected more downwards movement. The next identified support area is very close by. Summary: It does not look like a low is in place yet. Expect price to continue falling. A small bounce may unfold here or very soon for the very short term for minor...
by Lara | Dec 20, 2018 | S&P 500, S&P 500 + DJIA |
Overall more downwards movement was expected from the new main Elliott wave count. Summary: It does not look like a low is in place yet. Expect price to continue falling. A small bounce may unfold here or very soon for the very short term for minor wave 4, which may...
by Lara | Dec 19, 2018 | S&P 500, S&P 500 + DJIA |
The main and alternate Elliott wave counts are swapped over today. Summary: The target for the end of primary wave 4 is about 2,478. A small bounce may unfold here for minor wave 4. It may last one to a very few days. Thereafter, the target may be recalculated (it may...
by Lara | Dec 18, 2018 | S&P 500, S&P 500 + DJIA |
Price keeps falling towards the target on the alternate Elliott wave count, but it is not falling quickly or with strength. Summary: It is possible a low may again be in place. A new high above 2,621.53 and a breach of the channel on the the hourly chart would add...
by Lara | Dec 17, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement invalidated the main Elliott wave count. The invalidation indicated either of the two alternate Elliott wave counts may be correct. Two Elliott wave counts are used today with clear confidence and invalidation points. Summary: It is possible a low...
by Lara | Dec 15, 2018 | 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 14th December, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Dec 14, 2018 | S&P 500, S&P 500 + DJIA |
Another downwards day remains above the invalidation point on the main Elliott wave count. Two alternate Elliott wave counts are published for members today. Summary: With the data in hand, it still looks like a low may more likely be in place. This view has support...
by Lara | Dec 13, 2018 | S&P 500, S&P 500 + DJIA |
A small downwards day remains well above the short-term invalidation point. Today VIX and the short-term volume profile offer support to the main Elliott wave count. Summary: A strong bullish Hammer candlestick reversal pattern at the low indicates a trend change. The...
