by Lara | Oct 8, 2019 | S&P 500, S&P 500 + DJIA |
Today signals from both the AD line and inverted VIX suggest the next short-term movement. The Elliott wave invalidation point for the main Elliott wave count remains the same. Summary: For the very short term, a small second wave correction may move lower tomorrow...
by Lara | Oct 5, 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 4 October 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Oct 5, 2019 | S&P 500, S&P 500 + DJIA |
A new high above 2,952.86 adds confidence to the main wave count. Summary: A new high above 2,952.86 at the end of Friday’s session adds confidence to the main wave count. The next target is at 3,120. Further confidence that a low is in place and price should...
by Lara | Oct 3, 2019 | S&P 500, S&P 500 + DJIA |
The bounce at the end of today’s session is carefully analysed for signs of strength or weakness to identify if the main or alternate Elliott wave count is more likely. Summary: Lack of strength in upwards movement today favours the alternate Elliott wave count....
by Lara | Oct 2, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s summary advised members to take the alternate Elliott wave count seriously. A new low below 2,931 invalidated the main Elliott wave count and provided confidence in the alternate Elliott wave count. At that stage, the targets were 2,923 or 2,898.47....
by Lara | Oct 1, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement remains above the invalidation point and within the channel on the hourly chart. Both main and alternate Elliott wave counts remain valid. Summary: The main wave count is now in some doubt with closure of the last gap and price below the hourly...
by Lara | Sep 30, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to begin the new week. The Elliott wave target remains the same. The breakaway gap continues to provide support. Summary: The upwards trend to new all time highs may resume. The next target is 3,120. A new low below 2,931 would indicate a...
by Lara | Sep 28, 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 27 September 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Sep 27, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday. An outside day closes red. Price remains above the short-term invalidation point and within the Elliott channel. Summary: The upwards trend to new all time highs may resume next week. The next target is 3,120. A new low below...