by Lara | Apr 28, 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 27th April, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Apr 27, 2018 | S&P 500, S&P 500 + DJIA |
Price gapped higher but did not reach the short term target before turning a little lower in a mostly sideways day for Friday. At the end of this week, there are signals from On Balance Volume, the AD line, and VIX that support the Elliott wave counts. Summary: A...
by Lara | Apr 26, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected from the main Elliott wave count. This wave count has support from classic technical analysis, particularly signals from the AD line and On Balance Volume. Summary: Yesterday’s low may be the end of a multi week...
by Lara | Apr 25, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the session. The session began with a sharp fall, which was then followed by a steady rise to close above the open. Summary: Today’s low may be the end of a multi week consolidation. A new bull run may begin here to a target at...
by Lara | Apr 24, 2018 | S&P 500, S&P 500 + DJIA |
A little upwards movement to a target at 2,694 – 2,696 was expected before a resumption of a pullback. Price did gap higher to complete the Elliott wave structure, but fell short of the target by 10.45 points. Thereafter, downwards movement unfolded as was...
by Lara | Apr 23, 2018 | S&P 500, S&P 500 + DJIA |
Short term movement fits the Elliott wave count at the hourly chart level very well. The target remains the same. Summary: Look out for most likely upwards movement tomorrow to a short term target at 2,694 – 2,696. If price moves above the target, look for very...
by Lara | Apr 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 April, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Apr 21, 2018 | S&P 500, S&P 500 + DJIA |
A new low below 2,671.17 indicated a deeper pullback was underway. Summary: A pullback may continue towards 2,587 – 2,578. There should be a bounce for a B wave on the way down that may turn up Monday or Tuesday. When this pullback is done, then a new bull run...
by Lara | Apr 19, 2018 | S&P 500, S&P 500 + DJIA |
For the short term, a pullback was expected to end about either 2,700 or 2,690. Downwards movement for the session reached below the second target to 2,681.90. Summary: The target for a primary degree third wave to end is now at 2,913. This target may be reached in...