by Lara | Aug 24, 2019 | Gold, Lara's Weekly, S&P 500, S&P 500 + DJIA, 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 23 August 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Aug 24, 2019 | S&P 500, S&P 500 + DJIA |
Price remains constrained within a small zone of support and resistance. The three Elliott wave counts remain the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a...
by Lara | Aug 22, 2019 | S&P 500, S&P 500 + DJIA |
A breakout is expected tomorrow. The target remains the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a continuing deeper pullback. The first target would then be at...
by Lara | Aug 21, 2019 | S&P 500, S&P 500 + DJIA |
Another very small range day with price closing within a consolidation zone leaves the Elliott wave analysis the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a...
by Lara | Aug 20, 2019 | S&P 500, S&P 500 + DJIA |
A small downwards day leaves both Elliott wave counts valid. Internal strength or weakness of the last few sessions is analysed to indicate which Elliott wave count looks most likely. Summary: Conditions are still suggesting a sustainable low may be in place. The next...
by Lara | Aug 20, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement remains below the short-term invalidation point. The Elliott wave counts are swapped over today after analysis of internal volume and breadth in the last two sessions. Summary: Lowry’s data now shows Friday as a 90% OCO (Operating Companies...
by Lara | Aug 17, 2019 | Gold, Lara's Weekly, S&P 500, S&P 500 + DJIA, 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 16 August 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Aug 17, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a small amount of upwards movement to either 2,871 or 2,898 was expected for Friday. Upwards movement reached 2,893.63. Summary: Two short to mid-term bearish wave counts (main daily chart and alternate daily chart) expect a very little upwards...
by Lara | Aug 15, 2019 | S&P 500, S&P 500 + DJIA |
Another downwards day closes green with a smaller range Doji. Analysis of volume within the session supports the Elliott wave counts. Summary: Look out for a possible small counter trend bounce tomorrow up to about 2,871 or 2,898 but not above 2,943.31. Thereafter,...