by Lara | Feb 27, 2020 | S&P 500, S&P 500 + DJIA |
A new low below 3,027.98 invalidates an impulse unfolding upwards and suggests this big fifth wave may be an ending expanding diagonal. Diagonals are not as common as impulses in fifth wave positions, and so until an impulse is invalidated a diagonal should always be...
by Lara | Feb 26, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement continues as last analysis expected. Next identified support has not yet been reached. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull market. At support they...
by Lara | Feb 25, 2020 | S&P 500, S&P 500 + DJIA |
A correction was expected for this week. A very strong downwards session remains within allowable limits for the Elliott wave count. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing...
by Lara | Feb 24, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected to continue this week as a larger correction has arrived. This is exactly what is happening. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull...
by Lara | Feb 22, 2020 | 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 21 February 2020 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Feb 21, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday’s session, which is exactly what has happened. The Elliott wave count uses structure and alternation to indicate where price may find support and how long a correction may last. Summary: The trend is up. Consolidations...
by Lara | Feb 20, 2020 | S&P 500, S&P 500 + DJIA |
The target for the next interruption to the trend was at 3,415. Upwards movement has fallen 21.48 points short of this target. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull...
by Lara | Feb 19, 2020 | S&P 500, S&P 500 + DJIA |
Upwards movement to new all time highs continues exactly as the main Elliott wave count expects. The target remains the same. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. A new low now below 3,355.70 would indicate...
by Lara | Feb 18, 2020 | S&P 500, S&P 500 + DJIA |
A small range downwards day remains above the multi-year trend line. A new alternate Elliott wave count is published today. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. A new low now below 3,347.96 would indicate...
