by Lara | Jun 16, 2018 | US Oil
For the short term, some upwards movement was expected for US Oil. Although Friday ended with very strong downwards movement, the week made a higher high and a higher low. Summary: A deeper and longer lasting consolidation may have begun, which may last about 13 to 21...
by Lara | Jun 9, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continues exactly as the main Elliott wave count and classic technical analysis expect. When classic technical analysis offers strong support to the Elliott wave count, then confidence may be had in the analysis overall. Summary: The...
by Lara | Jun 9, 2018 | US Oil
Last week’s analysis expected that US Oil had begun a deeper and longer lasting consolidation. A downwards week with a lower low and a lower high fits this expectation. Summary: A deeper and longer lasting consolidation may have begun, which may last about 13 to...
by Lara | Jun 2, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The main Elliott wave count in last analysis expected upwards movement. This is exactly what is happening. Summary: While price remains above 2,700.68, assume a third wave may be unfolding. The short term target is at 2,824 or 2,915. The mid to longer...
by Lara | Jun 2, 2018 | US Oil
The pullback has reached the lilac trend line where it was expected to find support. Summary: A deeper and longer lasting consolidation may have begun, which may last about 13 to 21 weeks in total. It should remain above 55.24, and the target is about 61.12. The...
by Lara | May 26, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A small inside day fits the Elliott wave count. At the end of the week, VIX and the AD line and On Balance Volume are all giving signals which are in agreement. Summary: Bearish signals at the end of the week from VIX and the AD line and On Balance Volume...
by Lara | May 26, 2018 | US Oil |
Last week’s analysis expected an upwards trend in place, and suggested pullbacks are an opportunity to join the trend. Summary: This pullback may find support at the lilac trend line on the weekly and daily charts. If it does not end there, then the target would...
by Lara | May 19, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Another signal from the AD line to end the trading week gives strong confidence in the Elliott wave analysis. In light of recent signals from the AD line and On Balance Volume, it is time to step back and look again at monthly charts for the Elliott wave...
by Lara | May 18, 2018 | US Oil
Last analysis expected more upwards movement for the week, which is what has happened. Summary: Classic technical analysis remains overly bullish. There is an upwards trend in place. Pullbacks are an opportunity to join the trend. The mid term target is now at 97.92....
