by Lara | May 25, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the short term, some sideways movement was expected for Friday’s session, which is what has happened. Summary: The low of December 2018 is expected to very likely remain intact, and this pullback is expected to be followed by a strong third wave...
by Lara | May 18, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Both the AD line and VIX at the end of the week give the same signal. In conjunction with Lowry’s data, this indicates a more bullish scenario should be dominant. The Elliott wave count has a new short to mid-term target. Summary: The low of...
by Lara | May 11, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Price closed back within the channel and remains above the invalidation point. Summary: The upwards trend may now resume. The final target remains the same at 3,045. A new limit for this fifth wave to end is now at 3,057.25. The biggest picture, Grand...
by Lara | May 4, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the very short term, a consolidation or bounce was expected. A bounce for Friday overall fits this expectation. Price remained below the invalidation point. Summary: A pullback or consolidation here for primary wave 4 may now last about a couple of...
by Lara | Apr 27, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continues as expected. A new Elliott wave count at the monthly chart level is presented. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010. However, some...
by Lara | Apr 21, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A consolidation was expected to continue. A small downwards day closes as a Doji, which fits expectations. Summary: The upwards trend remains intact and there is underlying strength in this market still. A consolidation may unfold here that may be shallow...
by Lara | Apr 13, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has continued as the bigger picture for the Elliott wave count expected, although a little more sideways movement was expected first. Summary: The next target for a pullback or consolidation to begin is now at 2,918. The upwards trend...
by Lara | Apr 6, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The upwards trend continues overall as expected. Elliott wave targets remain the same. Summary: The upwards trend should continue. The mid-term Elliott wave target remains the same at 3,010 and the target calculated using the pennant pattern is at 2,956....
by Lara | Mar 30, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 An outside day for Friday closes green as the S&P500 ends with a little strength into the close. This is what the main Elliott wave count has expected, and it now has support from classic technical analysis this week. Summary: The upwards trend...