by Lara | Aug 11, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Price moved lower for Friday exactly as the main short term Elliott wave count expected. The week closes with a Shooting Star candlestick pattern. Summary: Shooting Star candlesticks indicate this pullback is not complete. The Elliott wave count expects...
by Lara | Aug 11, 2018 | US Oil
Overall, a downwards swing was expected, with a small bounce to about 61.22 expected first. The bounce did not happen. Downwards movement has continued. Summary: A deeper and longer lasting consolidation looks to be underway, which may last about 13 to 21 weeks in...
by Lara | Aug 4, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 An upwards day fits expectations for the main short term Elliott wave count. Summary: Assume that while price remains above 2,791.47 either a shallow consolidation may continue sideways for a few days or a brief pullback was over at the last low. A new...
by Lara | Aug 4, 2018 | US Oil
A bounce was expected for the very short term. An outside week closes as a doji. Price mostly moved sideways. Summary: This downwards swing may now continue to about 61.22. For the very short term, look out for a bounce to end at least above 70.17, and possibly about...
by Lara | Jul 28, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the very short term, for Friday’s session, a pullback to about 2,828 was expected. A pullback did unfold but was deeper than expected, reaching 2,808. Summary: Look out for some consolidation next week before the resumption of the upwards trend....
by Lara | Jul 28, 2018 | US Oil
For the short term, a little upwards movement was expected for the week. An inside week closes green with a very small range, mostly fitting expectations. Summary: This downwards swing may now continue to about 61.22. For the very short term, look out for a bounce to...
by Lara | Jul 27, 2018 | Lara's Weekly, Public Analysis, US Oil
I recorded part of the process of working on my US Oil analysis this week to show you how I create alternate wave counts using MotiveWave:
by Lara | Jul 21, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A very short range inside day does not change the Elliott wave count. Price remains within the channel and above the short term invalidation point. At the end of the week, on the weekly time period, new signals from On Balance Volume and the AD line give...
by Lara | Jul 21, 2018 | US Oil |
Again, downwards movement was expected for the week, which is what has happened. Summary: This downwards swing may now continue to about 61.22. For the very short term, look out for a bounce to end about 72.12. A deeper and longer lasting consolidation may be...
