by Lara | Nov 24, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A quiet end to a short-trading week makes little difference to all five Elliott wave counts. Classic technical analysis mostly favours the first presented Elliott wave count. Summary: For the short term, a low may be in place if the teal trend line offers...
by Lara | Nov 18, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 To end the week, upwards movement has continued as expected. Summary: A low looks to be in place at least for the short to mid term. A target for the next wave up is now 2,882 or 3,013 (alternate wave count). Five daily charts today look at five different...
by Lara | Nov 11, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement overall was expected for the week, which is what has happened. Summary: For the short term, another upwards wave to 2,835 may begin on Monday. After that some sideways movement or a deeper pullback may begin. Overall, this bounce is...
by Lara | Nov 4, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has unfolded overall as expected for this week. Summary: Overall, now expect a bounce to last about two to a few weeks. For the short term, the last open gap may offer support at 2,685.43. A primary degree correction should last several...
by Lara | Oct 27, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new low indicated further downwards movement. The target at 2,612 was not met. Summary: A new high above 2,722.20 and a breakout of the best fit channel would indicate a low is in place. At that stage, a multi week bounce may be expected to continue...
by Lara | Oct 21, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement was expected for the short term. Although price did not make a new low, the candlestick for Friday closed red and the upper wick was long. Overall, this fits expectations. Summary: For the short term, next week may see more downwards...
by Lara | Oct 13, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 An inside day closes red. The candlestick for Friday offers a clue as to what looks most likely for Monday. Summary: After a small bounce up to about 2,800, look for another wave down to support about 2,700. Look for a candlestick reversal pattern, or an...
by Lara | Oct 6, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A signal from On Balance Volume and another signal from the AD line this week all support the alternate Elliott wave count. Price is the ultimate determinator though, so a specific price point is given for members that may indicate which wave count is...
by Lara | Sep 29, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 It was expected for Friday that price may move lower, which is what happened. Summary: At this stage, it would be best to let price tell us if primary wave 3 is over or not. Long upper candlestick wicks and a bearish short term volume profile support the...
