by Lara | Jul 26, 2019 | S&P 500, S&P 500 + DJIA |
The middle of a third wave may be unfolding as expected. Elliott wave targets remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate degree is at 3,148. Use the best fit...
by Lara | Jul 25, 2019 | S&P 500, S&P 500 + DJIA |
An inside day remains above support and within the channel on daily and hourly charts. The Elliott wave count remains the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate...
by Lara | Jul 24, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high invalidates the bearish wave count and adds confidence to the bullish wave count. Targets calculated using Fibonacci Ratios between Elliott waves remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A...
by Lara | Jul 23, 2019 | S&P 500, S&P 500 + DJIA |
An upwards day fits both Elliott wave counts. Price remains below the invalidation / confidence point. Summary: A deeper and more time consuming correction may reach to 2,839 or below. This has support from some bearish divergence between price and all of the AD line,...
by Lara | Jul 22, 2019 | S&P 500, S&P 500 + DJIA |
A small inside day leaves the Elliott wave counts unchanged. Summary: A deeper and more time consuming correction may reach to 2,839 or below. This has support from some bearish divergence between price and all of the AD line, VIX and On Balance Volume, and a Bearish...
by Lara | Jul 20, 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 19 July 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jul 20, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement at the end of Friday’s session remains above the invalidation point on the hourly chart and within the short-term best fit channel. However, at the end of the week a pattern on the weekly chart along with the AD line and inverted VIX suggest a new...
by Lara | Jul 17, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement remains above the invalidation point on the daily chart. The short-term hourly chart is today relabelled after the pullback of this session. Summary: This pullback may end in another one session with a slight new low. Thereafter, the upwards trend...
by Lara | Jul 16, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s bearish short-term divergence between price and both of the AD line and inverted VIX suggested downwards movement for today’s session. The target for a small pullback was 3,004.97. The low for the session was 3.82 points below this target....
