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....
by Lara | Jul 27, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The middle of a third wave may be unfolding as expected. Elliott wave targets remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate degree is at 3,148. Use...
by Lara | Jul 20, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement at the end of Friday’s session remains above the short-term invalidation point and within the short-term best fit channel. However, at the end of the week a pattern on the weekly chart along with the AD line and inverted VIX suggest a...
by Lara | Jul 13, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 New highs this week again from the S&P have support from rising market breadth. The Elliott wave count provides targets. Summary: The bull market is expected to continue and corrections are expected to be shallow. A new target for the next reasonable...
by Lara | Jul 6, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement for the week continues as expected, and it has support from rising market breadth and declining volatility. The Elliott wave counts remain the same. Summary: The next short-term target is at 3,058. Look for corrections to continue to be...
by Lara | Jun 29, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A small upwards day fits expectations for the short term. At the end of the week, volume and breadth are pointing to the direction for next week. Summary: The upwards trend is expected to fairly likely resume with strength next week. The pullback may be...
by Lara | Jun 22, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Further upwards movement continues as expected from the Elliott wave count. Summary: The low of December 2018 is expected to most likely remain intact. The next short-term target is at 3,068 (Elliott wave) to 3,079 (classic analysis from the pennant)....
by Lara | Jun 14, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A continuation of sideways movement overall was expected for this week. A small pattern may be developing on the daily chart, which may provide a classic technical analysis target to supplement the Elliott wave target. Summary: The low of December 2018 is...
