by Lara | Dec 14, 2018 | US Oil |
A correction for a second wave on the Elliott wave count was expected to have begun. So far this is starting out with some sideways movement, which still fits the overall expectation. Summary: Intermediate wave (2) may last about 5 to 13 weeks and may be very deep...
by Lara | Dec 8, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement for Friday remains just above the invalidation point and on the support line. Two alternate Elliott wave counts are published for members today. Summary: The main wave count will expect support at the teal trend line to continue to...
by Lara | Dec 7, 2018 | US Oil |
Members were advised in last analysis to expect a low in place when the channel on the daily chart was breached. This happened on the 4th of December. Summary: A breach of the narrow channel on the daily chart in last analysis indicated an end to intermediate wave (1)...
by Lara | Dec 1, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A short-term pullback was expected to begin on Friday, but this did not eventuate. Overall, an upwards trend was expected to be in place and this continues. The target remains the same. Summary: For the very short term, upwards movement looks most likely...
by Lara | Dec 1, 2018 | US Oil
Downwards movement has continued for the week as expected. The target remains the same. Summary: Oil is in a downwards trend. The probability that Oil may continue to move reasonably below 26.06 has increased. Trends do not move in straight lines. There will be...
by Lara | Nov 24, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A quiet end to a short-trading week makes little difference to all five Elliott wave counts. Classic technical analysis mostly favours the first presented Elliott wave count. Summary: For the short term, a low may be in place if the teal trend line offers...
by Lara | Nov 23, 2018 | US Oil
A new low below 51.67 has invalidated the alternate bullish Elliott wave count, adding confidence to the main bearish Elliott wave count. The short-term target remains the same. Summary: Oil is in a downwards trend. The probability that Oil may continue to move...
by Lara | Nov 18, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 To end the week, upwards movement has continued as expected. Summary: A low looks to be in place at least for the short to mid term. A target for the next wave up is now 2,882 or 3,013 (alternate wave count). Five daily charts today look at five different...
by Lara | Nov 17, 2018 | US Oil |
It was expected that while price remained within a channel drawn on the daily chart that price would continue to fall. A new low below 55.24 was a very bearish signal. Summary: Oil is in a downwards trend. A new low now below 51.67 would be another very strong bearish...
