by Lara | May 9, 2018 | S&P 500, S&P 500 + DJIA |
The last main Elliott wave count expected upwards movement to continue. An important trend line has been breached today, and the AD line is very close to providing a major signal. Summary: The target is now at 2,922. Have some confidence that an upwards trend is most...
by Lara | May 8, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main hourly Elliott wave count expected a small correction to continue sideways or lower. A little downwards movement to complete a doji candlestick for the session fits this expectation. Summary: The target is now at 2,922. The correction may be...
by Lara | May 7, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Monday. A higher high and a higher low fits the definition of upwards movement for Monday’s session, although the range was small. Summary: The target is now at 2,922. For the short term, be alert for the possibility that the...
by Lara | May 4, 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 4th May, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | May 4, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis again expected upwards movement, which is exactly how the week ended, with a strong green candlestick for Friday. Summary: The target is now at 2,922. Traders with a lower risk appetite may set stops just below yesterday’s low. For those...
by Lara | May 3, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement. The whipsaw invalidated the hourly wave count, but price remains above the daily invalidation point. The AD line, VIX and On Balance Volume all give the same signal today. Summary: The target is now at 2,922. Traders with a...
by Lara | May 2, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. The market opened on a gap higher and thereafter moved lower, remaining above the short term invalidation point on the hourly chart. Summary: The short term target is at 2,730. The mid / long term target is at 2,940. This analysis...
by Lara | May 1, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis gave a target for downwards movement at 2,637 to 2,635. Price moved lower to reach 2,625.41, 9.59 points below the small target zone. From there it bounced strongly higher, which was expected. Summary: The short term target is at 2,730. The...
by Lara | Apr 30, 2018 | S&P 500, S&P 500 + DJIA |
A little downwards movement was expected to 2,653. The low for the session was 2,648. Summary: The target for this pullback to end tomorrow is 2,637 – 2,635. Thereafter, expect upwards movement to begin to show some increase in momentum. This downwards movement...
