by Lara | May 18, 2019 | S&P 500, S&P 500 + DJIA |
Both the AD line and VIX at the end of the week give the same signal. In conjunction with Lowry’s data, this indicates a more bullish scenario should be dominant. The Elliott wave count has a new short to mid-term target. Summary: The low of December 2018 is...
by Lara | May 16, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a sideways consolidation to continue for a few sessions. Some upwards movement today changes the short-term view slightly to see a bounce continuing, but the mid-term expectation and target remains the same. Summary: The target for...
by Lara | May 15, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a small bounce or sideways consolidation was expected to continue. A slightly higher high and higher low fits this expectation perfectly. Summary: For the very short term, a sideways consolidation may now continue for a few sessions. Within...
by Lara | May 14, 2019 | S&P 500, S&P 500 + DJIA |
A small range day moved price slightly higher. This fits the new short-term expectation for the Elliott wave count. Summary: For the very short term, a small and sharp bounce or a sideways consolidation may unfold over the next few sessions. Thereafter, the pullback...
by Lara | May 13, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement is now too large to look right for the main daily chart. The bigger picture remains the same. Summary: A pullback is now expected to continue for another one to very few weeks. The first target is at 2,722 and thereafter at 2,579. The low of...
by Lara | May 11, 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 10 May 2019 is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | May 10, 2019 | S&P 500, S&P 500 + DJIA |
Price closed back within the channel and remains above the invalidation point. Summary: The upwards trend may now resume. The final target remains the same at 3,045. A new limit for this fifth wave to end is now at 3,057.25. The biggest picture, Grand Super Cycle...
by Lara | May 9, 2019 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for the session to reach the lower edge of a channel. The channel was overshot and price quickly reversed to close back within it. This is mostly what was expected. Summary: The upwards trend may now resume. The final target...
by Lara | May 8, 2019 | S&P 500, S&P 500 + DJIA |
A small inside day leaves the short-term Elliott wave count unchanged. Summary: A pullback may end when price finds support at the lower edge of the maroon Elliott channel, which is drawn on both daily and hourly charts. Thereafter, the upwards trend may resume. The...
