by Lara | Sep 14, 2018 | US Oil
On Balance Volume gives a weak signal this week that slightly favours one Elliott wave count over the other. Overall, the larger trend remains the same. Summary: The Elliott wave structure for intermediate wave (4) does not look complete. It may continue sideways now...
by Lara | Sep 8, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Volume and ATR are used in this end of week analysis to analyse downwards movement for strength or weakness. Both Elliott wave counts remain valid, and there is a clear price point which differentiates them. Summary: The probability of the bearish wave...
by Lara | Sep 8, 2018 | US Oil
Price has continued to move overall sideways for several weeks, which is exactly what the Elliott wave count expected for the bigger picture. Two Elliott wave counts remain at the daily chart level. They both expect the same direction next. Summary: The Elliott wave...
by Lara | Sep 1, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Last analysis expected for the short term a small amount of downwards movement as most likely to end about 2,892.64. A small downwards day with a low at 2,891.73 fits this expectation almost exactly. Summary: The trend is up. Assume the trend remains the...
by Lara | Sep 1, 2018 | US Oil
Last week’s analysis expected an upwards week as price swings from support up to resistance. Summary: The Elliott wave structure for intermediate wave (4) does not look complete. It may continue sideways now for another 7 weeks. For the short term, it looks like...
by Lara | Aug 25, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 An extremely likely new all time high for the S&P has been expected. Summary: Expect price to keep moving higher next week. We may not see another consolidation or pullback of reasonable duration until primary wave 3 is complete. The mid to longer...
by Lara | Aug 25, 2018 | US Oil
A little more downwards movement was expected for the week but did not happen. Price remains within a consolidation zone. Summary: The Elliott wave structure for intermediate wave (4) does not look complete. It may continue sideways now for another 8 weeks. The larger...
by Lara | Aug 19, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Another upwards day fits expectations for the short term picture. At the end of this week, strong signals from the AD line reinforce the long term Elliott wave count. Summary: Overall, it still looks most likely that a small Elliott wave triangle may...
by Lara | Aug 17, 2018 | US Oil
Downwards movement was expected for the last week, which is exactly what has happened. Summary: This consolidation may end next week. It should remain above 55.24. The target is about 61.22 to 61.12. After one more low below 64.22, look for a candlestick reversal...
