by Lara | Nov 7, 2019 | S&P 500, S&P 500 + DJIA |
An interruption to the upwards trend was expected to come before 3,174.78. Today the AD line and VIX may indicate whether this interruption has arrived early or not. Summary: For the short term, some bearish divergence between price and the AD line suggests minor 4...
by Lara | Nov 6, 2019 | S&P 500, S&P 500 + DJIA |
A little more downwards movement has unfolded as expected. Summary: For the short term, a small shallow pullback may have ended today. The next larger interruption to the trend may now come before 3,174.78. Three large pullbacks or consolidations during the next few...
by Lara | Nov 5, 2019 | S&P 500, S&P 500 + DJIA |
A small downwards day remains above the Elliott wave invalidation point, and price remains within the channel on the short-term hourly chart. Overall, price is so far behaving as expected. Summary: Expect for the short term for any pullbacks to be brief and shallow on...
by Lara | Nov 4, 2019 | S&P 500, S&P 500 + DJIA |
Price continues on upwards towards the next target. Summary: Expect for the short term for any pullbacks to be brief and shallow on the way up to the next target at 3,179, where a shallow consolidation may begin lasting about 2 weeks. Three large pullbacks or...
by Lara | Nov 2, 2019 | 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 1 November 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Nov 2, 2019 | S&P 500, S&P 500 + DJIA |
New all time highs were expected. This week they have shown up. The Elliott wave count targets are recalculated. Summary: The next target is at 3,179. Overall, expect upwards movement to continue and exhibit some further increase in momentum before a larger pullback...
by Lara | Oct 31, 2019 | S&P 500, S&P 500 + DJIA |
A breach of the channel on the hourly chart indicated a small pullback may be underway. Price remains above the invalidation point. Both short-term Elliott wave counts remain valid. Summary: The next target is at 3,120. Overall, expect upwards movement to continue....
by Lara | Oct 30, 2019 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected. The Elliott wave target remains the same. Summary: The next target is at 3,120. Overall, expect upwards movement to continue. If price breaks below the lower edge of the best fit channel on the hourly charts, that would indicate...
by Lara | Oct 29, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement is continuing as expected. The Elliott wave count and target remain the same. Summary: The next target is at 3,120. Overall, expect upwards movement to continue. For the very short term, closure of the gap with a new low by any amount at any time...
