by Lara | Nov 29, 2019 | S&P 500, S&P 500 + DJIA |
A breach of a small short-term channel early on Friday indicated a small correction had begun. The Elliott wave count at that stage expected a small short-term pullback to continue. Summary: A very brief and shallow correction may have begun which must remain above...
by Lara | Nov 27, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher towards the target with brief and shallow corrections, exactly as expected. A small channel on the hourly chart today may be used to indicate when the next correction may have arrived. Summary: Assume price will continue higher while it...
by Lara | Nov 26, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend continues as the Elliott wave count expects. Members have been advised to expect corrections at this time to be relatively brief and shallow, which is exactly how the market is behaving. Summary: The next target at 3,179 is where minor wave 4 may...
by Lara | Nov 25, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to resume this week. A new all time high and a strong close is exactly what was expected. The Elliott wave structure unfolds as expected and the target so far remains the same. Summary: The next target at 3,179 is where minor wave 4 may...
by Lara | Nov 23, 2019 | S&P 500, S&P 500 + DJIA
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 22 November 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Nov 23, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement unfolded for Friday, which is what the analysis on Thursday had expected. Targets remain the same. Summary: The upwards trend may resume. The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). A new all time high...
by Lara | Nov 21, 2019 | S&P 500, S&P 500 + DJIA |
An inside day sees price remain above the invalidation point. A new short-term Elliott wave count is presented. Summary: The upwards trend may resume. The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). A new all time high above...
by Lara | Nov 20, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a pullback was expected for this session. Price moved reasonably below the target at 3,107 to find a low at 3,091.41, 15.59 points below the target. Price remains above the invalidation point and has bounced up strongly off the low. Summary: The...
by Lara | Nov 19, 2019 | S&P 500, S&P 500 + DJIA |
Overall, price continues to move higher towards the Elliott wave target, which remains the same. Summary: Tomorrow may see a small pullback to about 3,107. Thereafter, the upwards trend should resume. The next target at 3,179 is where minor wave 4 may begin (expect it...
