by Lara | Jul 15, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue. A new high today fits this expectation. The two short-term Elliott wave counts today diverge very slightly, but the larger Elliott wave count remains exactly the same. Summary: The bull market is expected to continue and...
by Lara | Jul 13, 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 12 July 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jul 13, 2019 | S&P 500, S&P 500 + DJIA |
New highs this week again from the S&P have support from rising market breadth. The Elliott wave count provides targets. Summary: The bull market is expected to continue and corrections are expected to be shallow. A new target for the next reasonable...
by Lara | Jul 11, 2019 | S&P 500, S&P 500 + DJIA |
A small Doji candlestick today completes an inside day. Summary: The bull market is expected to continue and corrections are expected to be shallow. A pullback looks still most likely to continue from here. It may find support at the lower edge of the best fit...
by Lara | Jul 10, 2019 | S&P 500, S&P 500 + DJIA |
A small range day makes a new all time high. Today RSI, the AD line and VIX are used to indicate which of two Elliott wave counts may be most likely. Summary: The bull market is expected to continue and corrections are expected to be shallow. A pullback looks still...
by Lara | Jul 9, 2019 | S&P 500, S&P 500 + DJIA |
As expected an outside day continues a sideways consolidation. Summary: The bull market is expected to continue and corrections are expected to be shallow. A more time consuming consolidation or pullback may have just begun. It may continue for another two weeks. The...
by Lara | Jul 8, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day breaches the lower edge of a channel that had previously contained all pullbacks. The short-term Elliott wave count is today changed. Summary: The bull market is expected to continue and corrections are expected to be shallow. A more time...
by Lara | Jul 6, 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 5 July 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jul 6, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement for the week continues as expected, and it has support from rising market breadth and declining volatility. The Elliott wave counts remain the same. Summary: The next short-term target is at 3,058. Look for corrections to continue to be very shallow...