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...
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...
