by Lara | Jan 6, 2020 | S&P 500, S&P 500 + DJIA |
An outside day remains within a small range. Both short-term Elliott wave counts remain valid. Summary: At this stage, it is possible that minor wave 3 could be over. Confidence in this view is required with a new low below 3,212.03. If price continues higher, then...
by Lara | Jan 4, 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 3 January 2020 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jan 3, 2020 | S&P 500, S&P 500 + DJIA |
At this stage, specific short-term price points are used to indicate when minor wave 4 may have arrived. Summary: At this stage, it is possible that minor wave 3 could be over. Confidence in this view is required with a new low below 3,212.03. If price continues...
by Lara | Jan 2, 2020 | S&P 500, S&P 500 + DJIA |
Price is now very close to the Elliott wave target at 3,260. Summary: There is now some bearish divergence with extreme conditions. Minor wave 4 may arrive tomorrow. The short-term target at 3,260 remains the same. Three large pullbacks or consolidations (fourth...
by Lara | Dec 31, 2019 | S&P 500, S&P 500 + DJIA |
A new target is calculated for a third wave to end. Summary: Expect new highs soon. Today all of On Balance Volume, the AD line and VIX give bullish signals. A new target for minor wave 3 is now at 3,260. Three large pullbacks or consolidations (fourth waves) during...
by Lara | Dec 30, 2019 | S&P 500, S&P 500 + DJIA |
A new low below 3,220.51 and the narrow channel about most recent upwards movement suggests a fourth wave correction may have arrived. Fibonacci ratios and the fourth wave of one lesser degree are used to estimate a target for support. Summary: Minor wave 4 should...
by Lara | Dec 28, 2019 | 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 27 December 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Dec 27, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued throughout this week as expected. Summary: Assume the trend remains the same until proven otherwise. Assume more upwards movement to the next short-term target at 3,268. If price makes a new low now below 3,220.51, then assume minor wave 4...
by Lara | Dec 26, 2019 | S&P 500, S&P 500 + DJIA |
The next target was at 3,238 to 3,240. The high this session at 3,240.48 meets expectations. Summary: Assume the trend remains the same until proven otherwise. Assume more upwards movement to the next short-term target at 3,268. If price makes a new low now below...
