by Lara | Oct 28, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high has been expected from the S&P for some time. Today it finally arrived. The breakaway gap may offer support. Summary: The next target is at 3,120. For the very short term, closure of the gap with a new low by any amount at any time frame below...
by Lara | Oct 26, 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 25 October 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Oct 25, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high for the S&P500 was expected as likely this week. While price has not managed to make a new all time high, Friday’s high is just 0.59 points short. Strength in upwards movement fits the Elliott wave count. Summary: Upwards movement may...
by Lara | Oct 24, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement for the session unfolded with a higher high and a higher low. This was expected. Today On Balance Volume gives a reasonable signal that shall be given weight in this analysis. It supports the main hourly Elliott wave count. Summary: Upwards movement...
by Lara | Oct 23, 2019 | S&P 500, S&P 500 + DJIA |
Today’s signals from the AD line and inverted VIX indicate a likely direction for price tomorrow. Summary: Upwards movement may continue here to new all time highs soon. The next target is at 3,120. For the very short term, a new low below 2,976.31 would...
by Lara | Oct 22, 2019 | S&P 500, S&P 500 + DJIA |
An outside day began with upwards movement, which was expected. Downwards movement to end the session remains above the invalidation point and within the trend channel. Summary: Upwards movement may continue here to new all time highs this week. The next target is at...
by Lara | Oct 21, 2019 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected before the upwards trend resumed. With price moving higher on Monday, the upwards trend may have resumed more quickly than expected. Summary: Upwards movement may continue here to new all time highs this week. The next...
by Lara | Oct 19, 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 18 October 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Oct 18, 2019 | S&P 500, S&P 500 + DJIA |
A little downwards movement was expected for the short term, which is what happened. The short-term targets remain the same. Summary: For the very short term, a little more downwards movement to about 2,968 or 2,947 may continue next week. Thereafter, the upwards...
