by Lara | Oct 19, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A little downwards movement was expected for the short term, which is what happened. The short-term targets remain the same. Summary: For the very short term, a little more downwards movement to about 2,968 or 2,947 may continue next week. Thereafter, the...
by Lara | Oct 18, 2019 | US Oil |
Again, the main Elliott wave count expected upwards movement for the week. A slightly higher high and a higher low fits the definition of upwards movement. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to...
by Lara | Oct 12, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 At the end of this week, the AD line gives another signal that strongly supports the main Elliott wave count. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may begin on Monday. Thereafter, the upwards trend may...
by Lara | Oct 11, 2019 | US Oil
The main Elliott wave count expected upward movement for the week, which is exactly what has happened. A large Elliott wave triangle looks to be completing. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to...
by Lara | Oct 5, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new high above 2,952.86 adds confidence to the main wave count. Summary: A new high above 2,952.86 at the end of Friday’s session adds confidence to the main wave count. The next target is at 3,120. Further confidence that a low is in place and...
by Lara | Oct 4, 2019 | US Oil
Downwards movement followed expectations for the Elliott wave triangle pattern on the daily chart. Two daily charts are presented again for the main wave count. It is important to always consider alternates when an Elliott wave triangle looks to be unfolding. Summary:...
by Lara | Sep 28, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement was expected for Friday. An outside day closes red. Price remains above the short-term invalidation point and within the Elliott channel. Summary: The upwards trend to new all time highs may resume next week. The next target is 3,120. A...
by Lara | Sep 27, 2019 | US Oil |
A consolidation was expected to continue. Price remains range bound. Summary: A consolidation is expected to most likely continue sideways for a few more weeks. Resistance is about 66.59 and support is about 50.53. The breakout is expected to most likely be downwards....
by Lara | Sep 21, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement for Friday was expected for the short term. This week saw price move upwards as expected, with a higher high and a higher low. Summary: This week comes with more upwards movement and new all time highs from the AD line and On Balance...
