by Lara | Apr 13, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has continued as the bigger picture for the Elliott wave count expected, although a little more sideways movement was expected first. Summary: The next target for a pullback or consolidation to begin is now at 2,918. The upwards trend...
by Lara | Apr 12, 2019 | US Oil
Again, upwards movement continued to reach 1.01 above the target for the week. Summary: While price remains within the channel on the daily chart, assume the bounce will continue. If the channel is breached by a full daily candlestick below and not touching the lower...
by Lara | Apr 6, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The upwards trend continues overall as expected. Elliott wave targets remain the same. Summary: The upwards trend should continue. The mid-term Elliott wave target remains the same at 3,010 and the target calculated using the pennant pattern is at 2,956....
by Lara | Apr 6, 2019 | US Oil
Upwards movement continued as expected for the week and has almost reached the target. The Elliott wave structure is almost complete. Summary: While price remains within the channel on the daily chart, assume the bounce will continue. The target remains at 63.71. If...
by Lara | Mar 30, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 An outside day for Friday closes green as the S&P500 ends with a little strength into the close. This is what the main Elliott wave count has expected, and it now has support from classic technical analysis this week. Summary: The upwards trend...
by Lara | Mar 29, 2019 | US Oil
Last week’s analysis expected a bounce to continue for US Oil. An outside week closes green and price remains within the channel on the daily chart. Summary: While price remains within the channel on the daily chart, assume the bounce will continue. The target...
by Lara | Mar 23, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 While the short-term invalidation point was breached on Friday, the larger picture remains mostly the same and has support from classic technical analysis. Summary: For the very short term, Monday may see a little more downwards movement. The short-term...
by Lara | Mar 22, 2019 | US Oil
The bounce continues towards the target as expected. Summary: The larger picture still sees Oil in a new downwards trend to end reasonably below 26.06. While price remains within the channel on the daily chart, assume the bounce will continue. The target remains at...
by Lara | Mar 17, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continued as the main Elliott wave count expected. The target remains the same. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout, and requires the...
