by Lara | Jun 22, 2019 | S&P 500, S&P 500 + DJIA |
Further upwards movement continues as expected from the Elliott wave count. Summary: The low of December 2018 is expected to most likely remain intact. The next short-term target is at 3,068 (Elliott wave) to 3,079 (classic analysis from the pennant). This next...
by Lara | Jun 20, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue and to show an increase in strength. A new all time high was expected. Volume for the NY Comp today at 3.8 billion shares is well above the 30 day average of 3.4 billion shares, fitting the expectation of strength in this...
by Lara | Jun 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has continued for the session as expected. The Elliott wave counts remain the same. Summary: The low of December 2018 is expected to most likely remain intact. New all time highs are expected soon. The next short-term target is at 3,068 (Elliott wave)...
by Lara | Jun 18, 2019 | S&P 500, S&P 500 + DJIA |
A consolidation was expected to be shallow and continue this week. A pennant pattern identified on the daily chart now has an upwards breakout. The gap may be useful for traders. A target is calculated using the flag pole. Summary: The low of December 2018 is expected...
by Lara | Jun 17, 2019 | S&P 500, S&P 500 + DJIA |
More sideways movement was expected to begin the new week. A small range Doji candlestick exactly fits this expectation. A target for this consolidation to end may now be calculated. Summary: The low of December 2018 is expected to most likely remain intact. The...
by Lara | Jun 14, 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 14 June 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jun 14, 2019 | S&P 500, S&P 500 + DJIA |
A continuation of sideways movement overall was expected for this week. A small pattern may be developing on the daily chart, which may provide a classic technical analysis target to supplement the Elliott wave target. Summary: The low of December 2018 is expected to...
by Lara | Jun 13, 2019 | S&P 500, S&P 500 + DJIA |
Price remains range bound as has been expected for the week. The Elliott wave count remains the same. Summary: The low of December 2018 is expected to most likely remain intact. The target for a third wave up to end remains at 3,104. Along the way up, two...
by Lara | Jun 12, 2019 | S&P 500, S&P 500 + DJIA |
A consolidation or pullback was expected to continue and to be relatively brief and shallow. A small range downwards day fits this expectation. Summary: The low of December 2018 is expected to most likely remain intact. The target for a third wave up to end remains at...