by Lara | Feb 9, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Price moved overall lower as yesterday’s analysis expected. Summary: A breach of the black Elliott channel has indicated primary wave 2 has arrived. Primary wave 2 may last about a Fibonacci 13, 21 or 34 sessions in total. The first target is the...
by Lara | Feb 8, 2019 | US Oil
Some downwards movement was expected for this week. After a very slight new high on Monday, this is how the week unfolded. Summary: A little downwards movement may continue next week to complete wave B about 50.91 to 50.82. Thereafter, the upwards bounce should...
by Lara | Feb 2, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 More upwards movement has unfolded as expected. The Elliott wave and classic analysis targets remain the same. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large...
by Lara | Feb 2, 2019 | US Oil |
For the short term, sideways movement was expected to continue for this week. An outside week mostly fits this expectation. Summary: A little downwards movement may begin next week to complete wave B about 50.82 to 50.52. Thereafter, the upwards bounce should continue...
by Lara | Jan 26, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Market breadth and volatility are used at the end of this week to indicate the direction for next week. The Elliott wave count continues to have support from rising market breadth in the AD line and declining VIX. Summary: The first large correction...
by Lara | Jan 25, 2019 | US Oil |
About a target at 55.02 to 55.56 a pullback or sideways consolidation was expected this week. Price moved slightly higher to 54.32, falling 0.70 short of the target, and then has moved mostly sideways for the week. Summary: The final target for the bounce to end is...
by Lara | Jan 19, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has continued all week exactly as expected. Price has reached the target and exceeded it by 2.47 points, but the Elliott wave structure is incomplete. A new target is calculated. Summary: The target for intermediate wave (1) to end is now...
by Lara | Jan 19, 2019 | US Oil
For this last week a bounce was expected to continue. This is exactly what has happened. The final target remains the same and has not yet been met. Summary: A bounce is expected to continue. A short-term target is at 55.02 to 55.56. At this target a pullback or...
by Lara | Jan 12, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Analysis has expected upwards movement, which has continued all week. Today’s analysis looks at measures of internal strength of the market to determine if this bounce should continue or if it could be complete. Summary: For the short term, now...