by Lara | Nov 29, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement again continued as the main Elliott wave count expected. Today the AD line and VIX give a signal for tomorrow’s direction. Fibonacci ratios are used as targets. Summary: A target for the next wave up is 2,973. For the short term, a small...
by Lara | Nov 28, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected as most likely for Wednesday. The target on the main Elliott wave count remains the same. Summary: A target for the next wave up is 2,973. Some reasonable confidence in an upwards trend may be had today. The main wave count now expects...
by Lara | Nov 27, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has continued as the main Elliott wave count expected. Summary: For the short term, a low may be in place if the teal trend line offers support. A target for the next wave up is 2,973. Have some confidence in this view if price makes a new high above...
by Lara | Nov 26, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement completes a candlestick reversal pattern. This and volume indicate the Elliott wave counts should be swapped over today. Summary: For the short term, a low may be in place if the teal trend line offers support. A target for the next wave up is either...
by Lara | Nov 24, 2018 | 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 23rd November, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Nov 23, 2018 | S&P 500, S&P 500 + DJIA |
A quiet end to a short-trading week makes little difference to all five Elliott wave counts. Classic technical analysis mostly favours the first presented Elliott wave count. Summary: For the short term, a low may be in place if the teal trend line offers support. A...
by Lara | Nov 21, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. A higher high and a higher low fits the definition of an upwards day. Summary: For the short term, a low may be in place if the teal trend line offers support. A target for the next wave up is either 2,843...
by Lara | Nov 20, 2018 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Tuesday’s session although the target at 2,667 was inadequate. Summary: For the short term, a low may be in place today if the teal trend line offers support. A target for the next wave up is either 2,843 or...
by Lara | Nov 19, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement remains above the invalidation point and within allowable limits. Summary: Short-term bearish divergence between price and the AD line supports an Elliott wave count which expects a slight new low before the bounce continues. A target for tomorrow...
