by Lara | Jul 14, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For Friday more upwards movement was expected, which is exactly what has happened. Summary: Expect the upwards trend to continue overall. On Balance Volume makes another new all time high on the daily chart, and the short term volume profile is bullish....
by Lara | Jul 14, 2018 | US Oil |
Downwards movement was expected for the week for US Oil, and this is exactly what has happened. Summary: This downwards swing may now continue to about 61.22. A deeper and longer lasting consolidation may be underway, which may last about 13 to 21 weeks in total. It...
by Lara | Jul 7, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A strong upwards day exactly fits expectations from the Elliott wave count. At the end of the week, there is strong support for the Elliott wave count from the AD line and On Balance Volume. Summary: The AD line and On Balance Volume both make new all...
by Lara | Jul 7, 2018 | US Oil
Sideways movement with one slight new high fits expectations for the week. A new high above 74.96 to 75.26 has invalidated the alternate Elliott wave count, providing more confidence now in the main Elliott wave count. Summary: Now expect the upwards swing has ended...
by Lara | Jun 30, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Overall, upwards movement was expected from the main Elliott wave count. Summary: It is still possible that before this pullback is done one more low may be seen Monday or Tuesday. A new high above 2,757.12 would provide confidence that a low is in place....
by Lara | Jun 30, 2018 | US Oil
Last week’s analysis expected an upwards swing to continue at least for the short term, which could make a new high above 72.90. Price has moved higher to reach 74.46 for the week. Summary: For the short term, while there is no candlestick reversal pattern,...
by Lara | Jun 24, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A small inside day, closing red, mostly fits the Elliott wave count for the short term. Price remains above the invalidation point, which is very close by. Summary: Upwards movement looks most likely next week. The short term target is about 2,844, where...
by Lara | Jun 23, 2018 | US Oil
Last analysis expected that US Oil had entered a large consolidation, with support about 61.0 and resistance about 72.5 to 73.0. Price remains within this zone, beginning now to swing up to resistance. Summary: A deeper and longer lasting consolidation may have begun,...
by Lara | Jun 16, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A green daily candlestick was expected for Friday’s session. Although the candlestick printed green, the session saw a lower low that was not expected. Overall, the Elliott wave count remains the same with price remaining well above the invalidation...
