by Lara | Mar 28, 2018 | S&P 500, S&P 500 + DJIA |
A small range day moves price lower, which remains above the invalidation point on the main hourly chart. The AD line gives a signal today, indicating the most likely direction for tomorrow. Summary: The target for upwards movement is now 2,737. A new high above...
by Lara | Mar 27, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. This is how the session began, completing a five up, which the Elliott wave count expected, but a strong pullback at the end of the session has come earlier than anticipated. Summary: The target for upwards movement is now 2,740. A...
by Lara | Mar 26, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement to a target at 2,565 – 2,566 was expected before a trend change, but the trend change has arrived earlier than expected. There is strong support at the 200 day moving average. Summary: The target for upwards movement now as most likely is...
by Lara | Mar 25, 2018 | Gold, Lara's Weekly, Public Analysis, S&P 500, S&P 500 + DJIA, US Oil
Lara’s Weekly is an end of week Elliott Wave and Technical Analysis of the S&P 500, GOLD, and USOIL that focuses on the mid-to-long-term picture. This analysis service is designed for investors and swing traders. Lara’s Weekly is at this time available to the...
by Lara | Mar 24, 2018 | S&P 500, S&P 500 + DJIA |
The first target for downwards movement was 2,612, and thereafter the 200 day moving average at 2,584. Price ended very close to the 200 day moving average for the session at 2,588. Summary: The target for downwards movement to end Monday or Tuesday is 2,565 –...
by Lara | Mar 22, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement continues towards the target. Now that there is more structure in this downwards wave to analyse the target is calculated at a lower degree. Summary: The target for more downwards movement is 2,612. If this target is wrong, it may not be quite low...
by Lara | Mar 21, 2018 | S&P 500, S&P 500 + DJIA |
An upwards bounce and quick reversal today completes a Gravestone doji candlestick. Summary: The target for more downwards movement is 2,632. Weak bullish signals today from the AD line and VIX put slight doubt on this view. Always practice good risk management....
by Lara | Mar 20, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day does not change the Elliott wave count. Four hourly charts are published today to separate out four different ideas. Summary: Bottom line: Expect price to continue lower while it remains within the best fit channel on the hourly charts. This view is...
by Lara | Mar 19, 2018 | S&P 500, S&P 500 + DJIA |
A bounce was expected to continue for one to a few days, before downwards movement resumed, but the bounce was over already and downwards movement resumed a little earlier than anticipated. A target may now be calculated. Summary: The short term target for downwards...
