by Lara | Jun 9, 2018 | US Oil
Last week’s analysis expected that US Oil had begun a deeper and longer lasting consolidation. A downwards week with a lower low and a lower high fits this expectation. Summary: A deeper and longer lasting consolidation may have begun, which may last about 13 to...
by Lara | Jun 7, 2018 | Gold |
Upwards movement continues as the main Elliott wave count expects. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics suggest a low may be in place here or very soon. There is a breach of the channel about the last downwards...
by Lara | Jun 6, 2018 | Gold |
A higher high and a higher low fits the definition of upwards movement, which is what the main Elliott wave count expected. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and a cluster of long lower candlestick wicks,...
by Lara | Jun 5, 2018 | Gold |
A larger range day moves price overall higher, which fits expectations for the main Elliott wave count. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and a cluster of long lower candlestick wicks, suggest a low may be in...
by Lara | Jun 4, 2018 | Lara's Weekly, Silver
An inside week does not change the overall analysis. For the short term, On Balance Volume suggests what may happen early this week. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An upwards breakout from a consolidation...
by Lara | Jun 4, 2018 | Gold |
A slightly lower low and a small range day mostly fits short term expectations. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and a cluster of long lower candlestick wicks, suggest a low may be in place here or very soon....
by Lara | Jun 2, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The main Elliott wave count in last analysis expected upwards movement. This is exactly what is happening. Summary: While price remains above 2,700.68, assume a third wave may be unfolding. The short term target is at 2,824 or 2,915. The mid to longer...
by Lara | Jun 2, 2018 | Lara's Weekly, S&P500
S&P 500 Grand Super Cycle Elliott wave analysis. Summary: From last analysis two wave counts are published. The main wave count remains valid. The alternate bearish wave count is not invalidated but should be now discarded due to a very low probability. MAIN WAVE...
by Lara | Jun 2, 2018 | Lara's Weekly, S&P500
Another signal from the AD line to end the trading week gives strong confidence in the Elliott wave analysis. In light of recent signals from the AD line and On Balance Volume, it is time to step back and look again at monthly charts for the Elliott wave count, and...