by Lara | Oct 17, 2019 | S&P 500, S&P 500 + DJIA |
Overall, upwards movement was expected to continue. With price now back close to resistance at the last all time high and showing a little weakness, the risk here of a small pullback is high. Fibonacci ratios are used to judge where a pullback may find support....
by Lara | Oct 16, 2019 | S&P 500, S&P 500 + DJIA |
A very little downwards movement was expected for the short term. A small range inside day mostly fits the expecation. Summary: For the very short term, a little downwards movement to about 2,968 or 2,947 may continue tomorrow. Thereafter, the upwards trend may...
by Lara | Oct 15, 2019 | S&P 500, S&P 500 + DJIA |
Today both the AD line and inverted VIX give signals that support the main Elliott wave count. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may complete tomorrow. Thereafter, the upwards trend may resume. The next target is at...
by Lara | Oct 14, 2019 | S&P 500, S&P 500 + DJIA |
The Elliott wave count is unchanged. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may complete tomorrow. Thereafter, the upwards trend may resume. The next target is at 3,120. Further confidence that a low is in place and price...
by Lara | Oct 12, 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 11 October 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Oct 11, 2019 | S&P 500, S&P 500 + DJIA |
At the end of this week, the AD line gives another signal that strongly supports the main Elliott wave count. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may begin on Monday. Thereafter, the upwards trend may resume. The next...
by Lara | Oct 10, 2019 | S&P 500, S&P 500 + DJIA |
Divergence between price and market breadth at the last high for price strongly supports the main Elliott wave count. Summary: For the very short term, this pullback may end in a few days about 2,882. Thereafter, the upwards trend may resume. The next target is at...
by Lara | Oct 9, 2019 | S&P 500, S&P 500 + DJIA |
Both wave counts remain valid and technical analysis still supports the main wave count. Summary: For the very short term, this pullback may end tomorrow or in a very few days about 2,890. Thereafter, the upwards trend may resume. The next target is at 3,120. Further...
by Lara | Oct 8, 2019 | S&P 500, S&P 500 + DJIA |
Some downwards movement for the short term was expected for Tuesday, which is what has happened. The short-term target was at 2,920 or 2,896. The low for the session was at 2,892.71, which was just 3.29 points below the second target. Summary: For the very short term,...
