by Lara | Sep 28, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement was expected for Friday. An outside day closes red. Price remains above the short-term invalidation point and within the Elliott channel. Summary: The upwards trend to new all time highs may resume next week. The next target is 3,120. A...
by Lara | Sep 21, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement for Friday was expected for the short term. This week saw price move upwards as expected, with a higher high and a higher low. Summary: This week comes with more upwards movement and new all time highs from the AD line and On Balance...
by Lara | Sep 14, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the short term, a pullback or consolidation was expected to begin on Friday. This is exactly what has happened. Summary: For the short term, a little weakness in the last session suggests a pullback or consolidation may unfold here. The target for...
by Lara | Sep 7, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A finish to the week with a small range inside day does not change the Elliott wave count. The target remains the same and the wave count has strong support from classic technical analysis. Summary: An upwards breakout above 2,940 with support from volume...
by Lara | Aug 31, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continued as the main Elliott wave count expected. All three Elliott wave counts remain valid at the end of the week, but the two alternates now have a very low probability. Summary: An upwards breakout above 2,940 with support from...
by Lara | Aug 24, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Price remains constrained within a small zone of support and resistance. The three Elliott wave counts remain the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would...
by Lara | Aug 17, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the short term, a small amount of upwards movement to either 2,871 or 2,898 was expected for Friday. Upwards movement reached 2,893.63. Summary: Two short to mid-term bearish wave counts (main daily chart and alternate daily chart) expect a very...
by Lara | Aug 10, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A sideways inside day to end the trading week leaves both Elliott wave counts essentially the same. Classic analysis favours the main Elliott wave count. Summary: An 80% up day, a long lower wick on the weekly candlestick, closure of the last gap, and...
by Lara | Aug 3, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 At the end of this week, the AD line and VIX indicate the most likely Elliott wave count. Summary: The main wave count will expect intermediate wave (2) may now be over and a third wave up at two degrees may begin on Monday. The target is at 3,213....
