by Lara | Aug 17, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the short term, a small amount of upwards movement to either 2,871 or 2,898 was expected for Friday. Upwards movement reached 2,893.63. Summary: Two short to mid-term bearish wave counts (main daily chart and alternate daily chart) expect a very...
by Lara | Aug 16, 2019 | US Oil
Downwards movement has again continued as both Elliott wave counts expected for this week. Summary: A new mid-term target is now at 35.25 for a third wave down. This may exhibit an increase in momentum, and may end with a capitulation spike. The final target is...
by Lara | Aug 10, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A sideways inside day to end the trading week leaves both Elliott wave counts essentially the same. Classic analysis favours the main Elliott wave count. Summary: An 80% up day, a long lower wick on the weekly candlestick, closure of the last gap, and...
by Lara | Aug 9, 2019 | US Oil |
Downwards movement for Oil has unfolded as expected for the week. The alternate Elliott wave count is adjusted slightly. Summary: A new mid-term target is now at 35.25 for a third wave down. This may exhibit an increase in momentum, and may end with a capitulation...
by Lara | Aug 3, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 At the end of this week, the AD line and VIX indicate the most likely Elliott wave count. Summary: The main wave count will expect intermediate wave (2) may now be over and a third wave up at two degrees may begin on Monday. The target is at 3,213....
by Lara | Aug 2, 2019 | US Oil
Downwards movement was expected for the week. An outside week closes red. This week On Balance Volume gives a reasonable signal at the weekly chart level, and the short-term volume profile supports the main Elliott wave count. Summary: A new mid-term target is now at...
by Lara | Jul 27, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The middle of a third wave may be unfolding as expected. Elliott wave targets remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate degree is at 3,148. Use...
by Lara | Jul 26, 2019 | US Oil
Downwards movement with a possible small bounce for a second wave was expected for the week. A small inside week fits the expectation for a small bounce. Summary: A new mid-term target is now at 35.25 for a third wave down. This may exhibit an increase in momentum,...
by Lara | Jul 20, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement at the end of Friday’s session remains above the short-term invalidation point and within the short-term best fit channel. However, at the end of the week a pattern on the weekly chart along with the AD line and inverted VIX suggest a...
