by Lara | Oct 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected to continue but did not happen. There are three Elliott wave counts today. Classic technical analysis favours the first two. Summary: For the short term, tomorrow may see more downwards movement. The target is at support about...
by Lara | Oct 17, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue. Today’s higher high and a higher low fits the definition of upwards movement. Summary: This upwards bounce may continue now to about 2,895 or above. It may last a few more days as intermediate wave (B) or (X) within...
by Lara | Oct 16, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement indicates an alternate Elliott wave count looks more likely. Today two Elliott wave counts are again presented as options. Summary: This upwards bounce may continue now to about 2,895 or above. It may last a few more days as intermediate wave (B) or...
by Lara | Oct 15, 2018 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin the new week, which is what has happened. Summary: It is possible the small correction could be over. Look for another wave down to support about 2,700. It is also possible that price may continue sideways for a few days...
by Lara | Oct 13, 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 12th October, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Oct 13, 2018 | S&P 500, S&P 500 + DJIA |
An inside day closes red. The candlestick for Friday offers a clue as to what looks most likely for Monday. Summary: After a small bounce up to about 2,800, look for another wave down to support about 2,700. Look for a candlestick reversal pattern, or an instance of...
by Lara | Oct 11, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement continued as expected, although the short term target was again inadequate. Summary: It looks most likely that price may fall further tomorrow; next support is about 2,700. Look for a candlestick reversal pattern, or an instance of bullish...
by Lara | Oct 10, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected that a primary degree bearish wave had arrived. Today’s downwards movement overall fits that expectation, although targets were inadequate. Summary: Look for downwards movement to end if price gets down to the 200 day moving average. A...
by Lara | Oct 9, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a bounce for Tuesday’s session. This is what has happened. Summary: Because of a new swing low, it now looks like there may have been a trend change. Primary wave 4 may now be in its very early stages. For the very short term,...