by Lara | Mar 23, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 While the short-term invalidation point was breached on Friday, the larger picture remains mostly the same and has support from classic technical analysis. Summary: For the very short term, Monday may see a little more downwards movement. The short-term...
by Lara | Mar 17, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continued as the main Elliott wave count expected. The target remains the same. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout, and requires the...
by Lara | Mar 9, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement continued as the Elliott wave analysis expected. Summary: Targets for a multi-week pullback are 2,637 or 2,656. At its end, this pullback may offer an opportunity to join the upwards trend prior to new all time highs. The biggest...
by Lara | Mar 2, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has overall continued as the week expected, but the weekly candlestick has closed as a doji and price ended the week with mostly sideways movement. Summary: The bottom line at the end of the week is price is range bound. To indicate the...
by Lara | Feb 23, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continues as last analysis expected it to. Summary: Upwards movement is slowing now it has reached a strong zone of resistance about 2,800 to 2,815. A new first target for the trend to be interrupted is at 2,814. If price reaches 2,814...
by Lara | Feb 16, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The first target at 2,767 was met and price kept rising. The next target is now used. Summary: The target is at 2,856. The upwards trend should be assumed to continue as long as price remains within the blue Elliott channel. The bigger picture still...
by Lara | Feb 9, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Price moved overall lower as yesterday’s analysis expected. Summary: A breach of the black Elliott channel has indicated primary wave 2 has arrived. Primary wave 2 may last about a Fibonacci 13, 21 or 34 sessions in total. The first target is the...
by Lara | Feb 2, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 More upwards movement has unfolded as expected. The Elliott wave and classic analysis targets remain the same. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large...
by Lara | Jan 26, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Market breadth and volatility are used at the end of this week to indicate the direction for next week. The Elliott wave count continues to have support from rising market breadth in the AD line and declining VIX. Summary: The first large correction...
