by Lara | Nov 23, 2019 | US Oil
Again, an upwards swing within the larger consolidation was expected to continue to reach at least 58.24. The high for the week at 58.74 now meets this requirement. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards...
by Lara | Nov 15, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Another strong upwards day continues price towards the Elliott wave target. Summary: The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). Thereafter, the next target is at 3,302 and then 3,336. Three large pullbacks or...
by Lara | Nov 15, 2019 | US Oil |
An upwards swing was expected to continue. An upwards week with a higher high and a higher low exactly fits this expectation. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend...
by Lara | Nov 9, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The S&P 500 has continued to make new highs this week exactly as the Elliott wave count expected. There is underlying strength in this market with rising breadth and new all time highs from On Balance Volume. Elliott wave targets remain the same....
by Lara | Nov 8, 2019 | US Oil |
An upwards swing within a larger consolidation was expected to continue. This is exactly what is happening, so far. Both Elliott wave counts remain valid. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end...
by Lara | Nov 2, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 New all time highs were expected. This week they have shown up. The Elliott wave count targets are recalculated. Summary: The next target is at 3,179. Overall, expect upwards movement to continue and exhibit some further increase in momentum before a...
by Lara | Nov 1, 2019 | US Oil
Overall, more upwards movement was expected for the week. Again, this is what has happened. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend line. The bullish wave count now...
by Lara | Oct 26, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new all time high for the S&P500 was expected as likely this week. While price has not managed to make a new all time high, Friday’s high is just 0.59 points short. Strength in upwards movement fits the Elliott wave count. Summary: Upwards...
by Lara | Oct 25, 2019 | US Oil
Upwards movement was expected for the week for the main Elliott wave count, which is what has happened. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend line. The bullish...
