by Lara | Nov 19, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement remains above the invalidation point and within allowable limits. Summary: Short-term bearish divergence between price and the AD line supports an Elliott wave count which expects a slight new low before the bounce continues. A target for tomorrow...
by Lara | Nov 18, 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 9th November, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Nov 17, 2018 | S&P 500, S&P 500 + DJIA |
To end the week, upwards movement has continued as expected. Summary: A low looks to be in place at least for the short to mid term. A target for the next wave up is now 2,882 or 3,013 (alternate wave count). Five daily charts today look at five different structures...
by Lara | Nov 15, 2018 | S&P 500, S&P 500 + DJIA |
A breach of the channel on the hourly chart indicated a low may be in place. Price has moved higher after the channel breach, which was expected. Summary: A low looks to be in place at least for the short to mid term. A target for the next wave up is now 2,882 or...
by Lara | Nov 14, 2018 | S&P 500, S&P 500 + DJIA |
A little more downwards movement towards the target has unfolded as expected. Price remains within the narrow channel on the hourly chart. Summary: Downwards movement may now be over, or it could continue for just another one or two days. If it does continue lower, a...
by Lara | Nov 13, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for the short term. Summary: A short-term target for downwards movement to end is about 2,672. Five daily charts today look at five different structures for primary wave 4, in order of probability (roughly): triangle, combination,...
by Lara | Nov 12, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement has invalidated the main hourly Elliott wave count. Now the short-term structure is slightly clearer. Summary: Downwards movement may be limited here. Look for strong support about 2,700. If price keeps falling here, then look for very strong...
by Lara | Nov 11, 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 9th November, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Nov 10, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement overall was expected for the week, which is what has happened. Summary: For the short term, another upwards wave to 2,835 may begin on Monday. After that some sideways movement or a deeper pullback may begin. Overall, this bounce is expected to be...
