by Lara | Oct 30, 2019 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected. The Elliott wave target remains the same. Summary: The next target is at 3,120. Overall, expect upwards movement to continue. If price breaks below the lower edge of the best fit channel on the hourly charts, that would indicate...
by Lara | Oct 29, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement is continuing as expected. The Elliott wave count and target remain the same. Summary: The next target is at 3,120. Overall, expect upwards movement to continue. For the very short term, closure of the gap with a new low by any amount at any time...
by Lara | Oct 28, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high has been expected from the S&P for some time. Today it finally arrived. The breakaway gap may offer support. Summary: The next target is at 3,120. For the very short term, closure of the gap with a new low by any amount at any time frame below...
by Lara | Oct 26, 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 25 October 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Oct 25, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high for the S&P500 was expected as likely this week. While price has not managed to make a new all time high, Friday’s high is just 0.59 points short. Strength in upwards movement fits the Elliott wave count. Summary: Upwards movement may...
by Lara | Oct 24, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement for the session unfolded with a higher high and a higher low. This was expected. Today On Balance Volume gives a reasonable signal that shall be given weight in this analysis. It supports the main hourly Elliott wave count. Summary: Upwards movement...
by Lara | Oct 23, 2019 | S&P 500, S&P 500 + DJIA |
Today’s signals from the AD line and inverted VIX indicate a likely direction for price tomorrow. Summary: Upwards movement may continue here to new all time highs soon. The next target is at 3,120. For the very short term, a new low below 2,976.31 would...
by Lara | Oct 22, 2019 | S&P 500, S&P 500 + DJIA |
An outside day began with upwards movement, which was expected. Downwards movement to end the session remains above the invalidation point and within the trend channel. Summary: Upwards movement may continue here to new all time highs this week. The next target is at...
by Lara | Oct 21, 2019 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected before the upwards trend resumed. With price moving higher on Monday, the upwards trend may have resumed more quickly than expected. Summary: Upwards movement may continue here to new all time highs this week. The next...
