by Lara | Jul 24, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. Targets remain the same. Summary: The Elliott wave count requires more upwards movement overall, but there are now warning signs that it could be wrong. Bearish divergence from the AD line, now for two...
by Lara | Jul 23, 2018 | S&P 500, S&P 500 + DJIA |
The week has begun with a green daily candlestick, but it has a slightly lower low and a lower high than Friday’s session. Price remains above the short term invalidation point and within the small channel on the hourly chart. Summary: The bigger picture is that...
by Lara | Jul 21, 2018 | 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 20th July, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jul 21, 2018 | S&P 500, S&P 500 + DJIA |
A very short range inside day does not change the Elliott wave count. Price remains within the channel and above the short term invalidation point. At the end of the week, on the weekly time period, new signals from On Balance Volume and the AD line give confidence in...
by Lara | Jul 19, 2018 | S&P 500, S&P 500 + DJIA, Trading Tips |
A small pullback remains above the short term invalidation point. The AD line gives a signal today. Summary: Overall, expect upwards movement to continue. On Balance Volume remains very bullish, and there is bullish divergence today between price and the AD line. The...
by Lara | Jul 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. The Elliott wave and classic analysis targets remain the same. Summary: Overall, expect the upwards trend to continue. Some support from volume today and a new all time high again from On Balance Volume on the daily chart...
by Lara | Jul 17, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis warned that a short term pullback may occur to about 2,764. The market did gap open lower, but only to 2,789.24. Thereafter, upwards movement has resumed as the bigger picture expected. Summary: Overall, expect the upwards trend to continue....
by Lara | Jul 16, 2018 | S&P 500, S&P 500 + DJIA |
Sideways movement for Monday’s session remains within the Elliott wave channel on the hourly chart. Four signals in a row from the AD line prompt a new hourly Elliott wave count. Summary: Overall, expect the upwards trend to continue. For the short term, look...
by Lara | Jul 14, 2018 | 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 13th July, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.