by Lara | May 20, 2019 | S&P 500, S&P 500 + DJIA |
A small range day remains inside last week’s range leaving all three short-term Elliott wave counts unchanged. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave up to new all time...
by Lara | May 18, 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 17 May 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | May 18, 2019 | S&P 500, S&P 500 + DJIA |
Both the AD line and VIX at the end of the week give the same signal. In conjunction with Lowry’s data, this indicates a more bullish scenario should be dominant. The Elliott wave count has a new short to mid-term target. Summary: The low of December 2018 is...
by Lara | May 16, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a sideways consolidation to continue for a few sessions. Some upwards movement today changes the short-term view slightly to see a bounce continuing, but the mid-term expectation and target remains the same. Summary: The target for...
by Lara | May 15, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a small bounce or sideways consolidation was expected to continue. A slightly higher high and higher low fits this expectation perfectly. Summary: For the very short term, a sideways consolidation may now continue for a few sessions. Within...
by Lara | May 14, 2019 | S&P 500, S&P 500 + DJIA |
A small range day moved price slightly higher. This fits the new short-term expectation for the Elliott wave count. Summary: For the very short term, a small and sharp bounce or a sideways consolidation may unfold over the next few sessions. Thereafter, the pullback...
by Lara | May 13, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement is now too large to look right for the main daily chart. The bigger picture remains the same. Summary: A pullback is now expected to continue for another one to very few weeks. The first target is at 2,722 and thereafter at 2,579. The low of...
by Lara | May 11, 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 10 May 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | May 10, 2019 | S&P 500, S&P 500 + DJIA |
Price closed back within the channel and remains above the invalidation point. Summary: The upwards trend may now resume. The final target remains the same at 3,045. A new limit for this fifth wave to end is now at 3,057.25. The biggest picture, Grand Super Cycle...