by Lara | Jul 19, 2019 | US Oil
A bounce was expected to end very early within the week in the target zone from 60.53 to 61.74. No more upwards movement was seen. Price has turned within this target zone. Summary: A new mid-term target is now at 35.25 for a third wave down. This may exhibit an...
by Lara | Jul 13, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 New highs this week again from the S&P have support from rising market breadth. The Elliott wave count provides targets. Summary: The bull market is expected to continue and corrections are expected to be shallow. A new target for the next reasonable...
by Lara | Jul 12, 2019 | US Oil |
Upwards movement for the week was expected to a target zone at 60.53 to 61.74. The high for the week at 60.93 fits this expectation exactly. Summary: The bounce may end now very early next week within the target zone from 60.53 to 61.74. If price comes up to touch the...
by Lara | Jul 6, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement for the week continues as expected, and it has support from rising market breadth and declining volatility. The Elliott wave counts remain the same. Summary: The next short-term target is at 3,058. Look for corrections to continue to be...
by Lara | Jul 5, 2019 | US Oil
Some sideways or downwards movement was expected for the week. An outside week closes red, meeting expectations overall. Summary: The bounce may end now next week or possibly the week after at a target zone from 60.53 to 61.74. If price comes up to touch the upper...
by Lara | Jun 29, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A small upwards day fits expectations for the short term. At the end of the week, volume and breadth are pointing to the direction for next week. Summary: The upwards trend is expected to fairly likely resume with strength next week. The pullback may be...
by Lara | Jun 29, 2019 | US Oil |
Last week’s summary expected price to continue overall higher towards 60.53. The high for the week is at 59.93. Summary: Some sideways or downwards movement may unfold next week for a B wave. Thereafter, an upwards movement may end if price comes up to reach the...
by Lara | Jun 22, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Further upwards movement continues as expected from the Elliott wave count. Summary: The low of December 2018 is expected to most likely remain intact. The next short-term target is at 3,068 (Elliott wave) to 3,079 (classic analysis from the pennant)....
by Lara | Jun 22, 2019 | US Oil
A sideways consolidation was expected for the week. Price has moved higher than expected, but it remains below the Elliott wave invalidation point. Summary: This bounce may either be over here or may continue higher towards 60.53. Final resistance may be found at the...
