by Lara | Dec 1, 2018 | S&P 500, S&P 500 + DJIA |
A short-term pullback was expected to begin on Friday, but this did not eventuate. Overall, an upwards trend was expected to be in place and this continues. The target remains the same. Summary: For the very short term, upwards movement looks most likely to continue...
by Lara | Nov 29, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement again continued as the main Elliott wave count expected. Today the AD line and VIX give a signal for tomorrow’s direction. Fibonacci ratios are used as targets. Summary: A target for the next wave up is 2,973. For the short term, a small...
by Lara | Nov 28, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected as most likely for Wednesday. The target on the main Elliott wave count remains the same. Summary: A target for the next wave up is 2,973. Some reasonable confidence in an upwards trend may be had today. The main wave count now expects...
by Lara | Nov 27, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has continued as the main Elliott wave count expected. Summary: For the short term, a low may be in place if the teal trend line offers support. A target for the next wave up is 2,973. Have some confidence in this view if price makes a new high above...
by Lara | Nov 26, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement completes a candlestick reversal pattern. This and volume indicate the Elliott wave counts should be swapped over today. Summary: For the short term, a low may be in place if the teal trend line offers support. A target for the next wave up is either...
by Lara | Nov 24, 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 23rd November, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Nov 23, 2018 | S&P 500, S&P 500 + DJIA |
A quiet end to a short-trading week makes little difference to all five Elliott wave counts. Classic technical analysis mostly favours the first presented Elliott wave count. Summary: For the short term, a low may be in place if the teal trend line offers support. A...
by Lara | Nov 21, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. A higher high and a higher low fits the definition of an upwards day. Summary: For the short term, a low may be in place if the teal trend line offers support. A target for the next wave up is either 2,843...
by Lara | Nov 20, 2018 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Tuesday’s session although the target at 2,667 was inadequate. Summary: For the short term, a low may be in place today if the teal trend line offers support. A target for the next wave up is either 2,843 or...