by Lara | May 21, 2018 | Gold |
The main Elliott wave count expected upwards movement to begin the new trading week. The session began with a slight new low, and then price strongly rebounded to print a green candlestick with a very long lower wick. Summary: The target is now 1,411. Triple bullish...
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 19, 2018 | Gold |
Friday moved price a little higher. The main Elliott wave count remains correct so far. Summary: The target is now 1,412. Bullish divergence between price and Stochastics still suggests a low is in place here or very soon. If price continues lower, a target is now at...
by Lara | May 17, 2018 | Gold |
Downwards movement came very close to the target on the alternate hourly Elliott wave count. The main Elliott wave counts remain the same. Summary: The target is now 1,412. Bullish divergence between price and Stochastics still suggests a low is in place now. If price...
by Lara | May 16, 2018 | Gold |
Another slight new low today remains above the invalidation point. Two short term scenarios are presented today. Summary: The target is now 1,416. Strong bullish divergence between price and Stochastics suggests a low is in place now, or very soon indeed with a...
by Lara | May 15, 2018 | Gold |
Last analysis warned it was possible that lows may again be tested, which is what has happened today. The Elliott wave target at 1,295 was inadequate; the low for the day was at 1,288.56. Summary: The target is now 1,418. Strong bullish divergence between price and...
by Lara | May 14, 2018 | Gold |
The hourly chart in last analysis expected a pullback for the short term, which is currently unfolding. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. For the short...
by Lara | May 12, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A strong signal from On Balance Volume adds confidence to the Elliott wave count. Summary: A short term Elliott wave target is 2,744. A short term classic analysis target is 2,811. At about one of these points a small consolidation or pullback may be...
by Lara | May 12, 2018 | Gold |
Upwards movement continues overall as the main Elliott wave count expects. Both the main and alternate Elliott wave counts remain valid. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new...
