by Lara | Oct 29, 2018 | S&P 500, S&P 500 + DJIA |
Another new low indicated further downwards movement. The target is not yet met. Three short-term Elliott wave counts are provided today. Summary: A new breakout of the blue Elliott / best fit channel and then a new high above 2,706.85 would indicate a low would most...
by Lara | Oct 27, 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 26th October, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Oct 27, 2018 | S&P 500, S&P 500 + DJIA |
A new low indicated further downwards movement. The target at 2,612 was not met. Summary: A new high above 2,722.20 and a breakout of the best fit channel would indicate a low is in place. At that stage, a multi week bounce may be expected to continue towards about...
by Lara | Oct 25, 2018 | S&P 500, S&P 500 + DJIA |
An inside day is inconclusive. Two Elliott wave counts are provided for members today. Summary: It looks somewhat more likely that the first big wave down within primary wave 4 could be over at yesterday’s low. A multi week bounce may have begun today. Look for...
by Lara | Oct 24, 2018 | S&P 500, S&P 500 + DJIA |
A bounce was expected but did not occur today. Volume and candlestick wicks are used to indicate the most likely direction for tomorrow. Only one Elliott wave count is published today. Summary: With price closing about the low for the session, it looks like downwards...
by Lara | Oct 23, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement to a target at 2,698 was expected. The low for Monday at 2,691.43 is 6.57 points below the target. Summary: It looks most likely that a multi week bounce may begin here. It may end above 2,890, and may be as high as 2,916. This view has support...
by Lara | Oct 22, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for the new week, which is what has happened. Three Elliott wave counts remain valid. The first two have a higher probability. Summary: For the short term, next week may see more downwards movement to a new low. The target is at...
by Lara | Oct 21, 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 19th October, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Oct 20, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the short term. Although price did not make a new low, the candlestick for Friday closed red and the upper wick was long. Overall, this fits expectations. Summary: For the short term, next week may see more downwards movement to a...
