by Lara | Jun 21, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the last session, but this is not what happened as price moved lower. However, price remains above the invalidation point. A new short term Elliott wave count is considered today. Summary: Bearish divergence today between price and...
by Lara | Jun 20, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected that a pullback was complete and upwards movement should resume. This is exactly what has happened so far. Summary: If the Elliott wave count is correct, then upwards movement may begin to build momentum from here. The short term target is at...
by Lara | Jun 19, 2018 | S&P 500, S&P 500 + DJIA |
A new alternate Elliott wave count for the short term picture expected another low to find support about 2,747. The low for the session was at 2,743, sitting almost perfectly on a trend line that was expected to provide final support. Summary: The pullback now looks...
by Lara | Jun 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to begin the new week. Monday’s candlestick has closed green, but the strong gap downwards saw a lower low and a lower high, the definition of downwards movement. Today the AD line gives another signal. Summary: Price moved lower...
by Lara | Jun 16, 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 15th June, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Jun 16, 2018 | S&P 500, S&P 500 + DJIA |
A green daily candlestick was expected for Friday’s session. Although the candlestick printed green, the session saw a lower low that was not expected. Overall, the Elliott wave count remains the same with price remaining well above the invalidation point. The...
by Lara | Jun 14, 2018 | S&P 500, S&P 500 + DJIA |
A consolidation was expected to end about 2,769. Sideways movement overall fits the form of a consolidation, although it has turned out so far to be more shallow than expected. Summary: It looks most likely that the correction is over today. Tomorrow looks most likely...
by Lara | Jun 13, 2018 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected as most likely for Wednesday’s session, which is what happened. Summary: It looks like this small consolidation may end tomorrow about 2,769. Thereafter, the upwards trend is expected to resume. The mid to longer term target is at...
by Lara | Jun 12, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected a brief shallow pullback. A small range day, closing as a doji candlestick, perfectly fits this expectation with a slightly lower high and slightly lower low. Summary: It looks slightly more likely that this small pullback may continue sideways...
