by Lara | Nov 30, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
Lara’s Weekly: Elliott Wave and Technical Analysis of S&P500 and Gold and US Oil | Charts – November 29, 2019 S&P 500 A breach of a small short-term channel early on Friday indicated a small correction had begun. The Elliott wave count at that...
by Lara | Nov 23, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement unfolded for Friday, which is what the analysis on Thursday had expected. Targets remain the same. Summary: The upwards trend may resume. The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). A new all...
by Lara | Nov 15, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Another strong upwards day continues price towards the Elliott wave target. Summary: The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). Thereafter, the next target is at 3,302 and then 3,336. Three large pullbacks or...
by Lara | Nov 9, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The S&P 500 has continued to make new highs this week exactly as the Elliott wave count expected. There is underlying strength in this market with rising breadth and new all time highs from On Balance Volume. Elliott wave targets remain the same....
by Lara | Nov 2, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 New all time highs were expected. This week they have shown up. The Elliott wave count targets are recalculated. Summary: The next target is at 3,179. Overall, expect upwards movement to continue and exhibit some further increase in momentum before a...
by Lara | Oct 26, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new all time high for the S&P500 was expected as likely this week. While price has not managed to make a new all time high, Friday’s high is just 0.59 points short. Strength in upwards movement fits the Elliott wave count. Summary: Upwards...
by Lara | Oct 19, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A little downwards movement was expected for the short term, which is what happened. The short-term targets remain the same. Summary: For the very short term, a little more downwards movement to about 2,968 or 2,947 may continue next week. Thereafter, the...
by Lara | Oct 12, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 At the end of this week, the AD line gives another signal that strongly supports the main Elliott wave count. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may begin on Monday. Thereafter, the upwards trend may...
by Lara | Oct 5, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new high above 2,952.86 adds confidence to the main wave count. Summary: A new high above 2,952.86 at the end of Friday’s session adds confidence to the main wave count. The next target is at 3,120. Further confidence that a low is in place and...