by Lara | Sep 26, 2019 | S&P 500, S&P 500 + DJIA |
An inside day closes red. Upwards movement was expected today. Price remains above the short-term invalidation point, and the session ended strongly. Summary: The upwards trend to new all time highs may now resume. The next target is 3,120. A new low below 2,931 would...
by Lara | Sep 25, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the session. The session began with downwards movement, remaining above support and above the invalidation point, and then thereafter the session ended strongly to close green. Summary: The upwards trend to new all time highs may now...
by Lara | Sep 24, 2019 | S&P 500, S&P 500 + DJIA |
A pullback or consolidation was expected to continue to a short-term target at 2,975 – 2,977. The low for the session was at 2,957.73. Summary: This bull market has underlying strength to support it. The pullback may be over here. There is strong support at...
by Lara | Sep 23, 2019 | S&P 500, S&P 500 + DJIA |
A pullback or consolidation was expected to continue for the short term. Monday’s downwards day fits this expectation. Summary: This bull market has underlying strength to support it. For the short term, a pullback or consolidation may continue for a few days to...
by Lara | Sep 21, 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 20 September 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Sep 20, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement for Friday was expected for the short term. This week saw price move upwards as expected, with a higher high and a higher low. Summary: This week comes with more upwards movement and new all time highs from the AD line and On Balance Volume (daily...
by Lara | Sep 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement resumed as expected for the session. Two Elliott wave counts are published at the daily chart level. The price point which differentiates them is the all time high. Summary: Downside risk is at 2,931 for the short term. A pullback or consolidation may...
by Lara | Sep 18, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to resume. The session has closed as an outside day with a strong finish and a green daily candlestick. Summary: The upwards trend may now resume to new all time highs. Downside risk is at 2,931 for the short term. The next target is...
by Lara | Sep 17, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded for Tuesday exactly as expected. Price is perfectly bouncing up off the support line on the short-term hourly chart. The Elliott wave count remains the same. Summary: The upwards trend may now resume to new all time highs. The next target...
