by Lara | Dec 12, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. A higher high and a higher low today fits the basic definition of an upwards day. The Elliott wave target remains the same. Summary: A strong bullish Hammer candlestick reversal pattern at the low indicates a trend change. The target for...
by Lara | Dec 11, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a low was in place. Today a higher high and a higher low fits the definition of upwards movement, although the candlestick closed red. The Elliott wave count remains the same and the target remains the same. Summary: A strong...
by Lara | Dec 10, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement today indicated the alternate wave counts may be correct. Price has closed above the support line. Summary: A strong bullish Hammer candlestick reversal pattern today indicates a low may now be in place. The target for primary wave 5 to end is now...
by Lara | Dec 8, 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 7th December, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Dec 8, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement for Friday remains just above the invalidation point and on the support line. Two alternate Elliott wave counts are published for members today. Summary: The main wave count will expect support at the teal trend line to continue to hold. Assume...
by Lara | Dec 6, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement has indicated that an alternate Elliott wave count is now more likely. Today’s signals from the AD line, VIX and candlesticks are used to determine tomorrow’s most likely direction. Summary: It looks most likely that a low may again be...
by Lara | Dec 4, 2018 | S&P 500, S&P 500 + DJIA |
A breach of the small channel on the hourly Elliott wave chart in the third hour of today’s session saw an expectation that price may continue lower to either 2,736 or 2,696. A close at 2,700 mostly fits this expectation. Summary: Minor wave 2 may continue for...
by Lara | Dec 3, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue. The Elliott wave target at 2,780 for a short-term interruption to the bullish trend was too low. Price reached 2,800.18. Summary: Assume the trend remains the same until proven otherwise. Assume minor wave 1 may continue...
by Lara | Dec 1, 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 30th November, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
