by Lara | Aug 12, 2017 | EW Education, Public Analysis, S&P 500, Trading Tips
This chart was published two days ago. At that time, it was warned that the possible upwards breakout of the 8th of August lacked support from volume and may turn out to be false: Click chart to enlarge. That was proven correct. The strong downwards movement from the...
by Lara | Aug 9, 2017 | EW Education, Public Analysis, S&P 500, Trading Tips
After a consolidation price will break out. The presence or absence of support from volume on the breakout tells us how reliable the breakout may be. Click chart to enlarge. Pennant patterns are one of the most reliable continuation patterns. But in an upwards trend...
by Lara | Aug 4, 2017 | EW Education, Public Analysis, S&P 500, Trading Tips
A simple classic technical analysis pattern may answer the question of what direction to expect tomorrow from the S&P500 upon release of Non Farm Payroll data. This release is expected to move markets strongly:. Click chart to enlarge. Pennants are reliable...
by Lara | Nov 14, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more upwards movement to increase in momentum after a second wave correction which is what has happened. The wave count remains the same. Click on the charts below to enlarge. Main Wave Count. This wave count has a higher...
by Lara | Aug 21, 2013 | Gold |
Last week’s analysis expected more upwards movement from gold towards a short term target at 1,431. Price did move higher but has fallen well short of the target. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of...
by Lara | Aug 21, 2013 | US Oil |
Last week’s analysis of US Oil expected some more upwards movement to end just above 108.76 but not above 108.92. Price moved higher and turned at 108.17, just 0.59 short of the target. This week I expect an increase in downwards momentum for Oil. Click on the...
by Lara | Aug 15, 2013 | Gold |
Movement above 1,320.86 early in this last week confirmed the main hourly wave count which expected more upwards movement. This week I have just the one wave count for you. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of...
by Lara | Aug 14, 2013 | US Oil
Last week’s analysis expected downwards movement to a short term target at 98.66 or 92.42. Price did move lower to make a new low at 102.24 but then turned back upwards. Price remains below the invalidation point on the daily chart and the wave count remains...
by Lara | Aug 8, 2013 | Gold
Last week’s analysis expected upwards movement from gold for the week. The hourly wave count was invalidated and price has moved lower, remaining above the invalidation point on the daily chart. Downwards movement is most likely a continuation of minor wave B....
