by Lara | Dec 14, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Another downwards day remains above the invalidation point on the main Elliott wave count. Two alternate Elliott wave counts are published for members today. Summary: With the data in hand, it still looks like a low may more likely be in place. This view...
by Lara | Dec 14, 2018 | Gold |
A pullback was expected to end about 1,235. Downwards movement for Friday reached 1,232.98 and then quickly reversed. Summary: The upwards trend may now resume. The mid-term target is 1,295. The final target for this bounce to end is about 1,305 – 1,310. New...
by Lara | Dec 13, 2018 | Gold |
More sideways movement was expected for the very short term. This pattern may now be identified on the daily chart. The measured rule is used to calculate a target. Summary: For the very short term, a small pullback to about 1,235 may continue, lasting about another 3...
by Lara | Dec 12, 2018 | Gold |
Sideways movement in a small range fits the short-term expectation from the Elliott wave count. Volume today supports the preferred Elliott wave count. Summary: For the very short term, a small pullback to about 1,235 may continue, lasting about another 3 days....
by Lara | Dec 11, 2018 | Gold |
For the short term, a small pullback was expected to continue. This is exactly what is happening. Summary: For the very short term, a small pullback to about 1,235 may continue, lasting about another 4 days. Support below is at 1,245, 1,240 and 1,235. Thereafter, the...
by Lara | Dec 10, 2018 | Gold |
For the short term, a small pullback was expected to begin the new trading week. A red daily candlestick represents overall downwards movement for Monday’s session. Summary: For the very short term, a small pullback to about 1,235 may continue, lasting about 3...
by Lara | Dec 8, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement for Friday remains just above the invalidation point and on the support line. Two alternate Elliott wave counts are published for members today. Summary: The main wave count will expect support at the teal trend line to continue to...
by Lara | Dec 7, 2018 | Gold |
The short-term target for upwards movement for Friday was 1,250. Price moved higher to reach 1,249.66, just 0.34 short of the target. Summary: For the very short term, a small pullback to about 1,235 may unfold early next week, lasting about 3 to 5 days. Thereafter,...
by Lara | Dec 6, 2018 | Gold |
Upwards movement has continued as expected. The Elliott wave targets remain the same. Summary: The upwards trend may resume. The mid-term target remains the same at 1,295. For the very short term, another interruption to the upwards trend may occur about 1,250. The...
