by Lara | Mar 11, 2020 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A new low below 2,728.81 has indicated a deeper pullback to end about the lower edge of a multi-year trend channel. Summary: Downwards movement has now retraced just over 20% of market value (high to low). This now meets the technical definition of a bear market....
by Lara | Mar 10, 2020 | S&P 500, S&P 500 + DJIA |
A strong bounce today is analysed to see if there is evidence of a sustainable low here. Summary: There is no evidence to suggest the larger bull market is over. Downwards movement over the last four weeks is expected to most likely be a deep pullback, which has...
by Lara | Mar 9, 2020 | S&P 500, S&P 500 + DJIA |
Strong downwards movement has brought price below the point where this pullback was expected to end but very slightly above the invalidation point for the main Elliott wave count. Summary: There is no evidence to suggest the larger bull market is over. Downwards...
by Lara | Mar 6, 2020 | 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 6 March 2020 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Mar 6, 2020 | S&P 500, S&P 500 + DJIA |
Last analysis expected for very short-term movement to move at least slightly below 2,977.24 before an upwards swing began. Price did move lower reaching 2,901.55 and from there bounced up to end the session green. Summary: There is no evidence to suggest the larger...
by Lara | Mar 5, 2020 | S&P 500, S&P 500 + DJIA |
A bounce or sideways consolidation was expected to continue for the short term, which is what is happening. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very deep and not likely to be finished yet. At its conclusion,...
by Lara | Mar 4, 2020 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. Analysis of volume and breadth within this session indicates some strength. What happens tomorrow regarding volume and breadth will be important. Summary: There is no evidence to suggest the larger bull market is over. The...
by Lara | Mar 3, 2020 | S&P 500, S&P 500 + DJIA |
A higher high and a higher low fits the definition of upwards movement today, although the candlestick has closed red. Overall, price continues to behave as expected. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very...
by Lara | Mar 2, 2020 | S&P 500, S&P 500 + DJIA |
A strong bounce to start the week has unfolded as last analysis expected. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very deep and not likely to be finished yet. At its conclusion, it may present a good buying...
