by Lara | Jun 18, 2018 | Lara's Weekly, Silver
Another upwards week fits the main Elliott wave count. Price moved very strongly lower on Friday but remains above the Elliott wave invalidation point. Summary: Expect more downwards movement for the short term. Support is strong at the lower edge of the base channel...
by Lara | Jun 16, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A green daily candlestick was expected for Friday’s session. Although the candlestick printed green, the session saw a lower low that was not expected. Overall, the Elliott wave count remains the same with price remaining well above the invalidation...
by Lara | Jun 9, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continues exactly as the main Elliott wave count and classic technical analysis expect. When classic technical analysis offers strong support to the Elliott wave count, then confidence may be had in the analysis overall. Summary: The...
by Lara | Jun 9, 2018 | Lara's Weekly, Silver
A strong upwards week fits the larger expectations for the preferred Elliott wave count. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An upwards breakout from a consolidation zone looks likely to happen within a few weeks....
by Lara | Jun 4, 2018 | Lara's Weekly, Silver
An inside week does not change the overall analysis. For the short term, On Balance Volume suggests what may happen early this week. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An upwards breakout from a consolidation...
by Lara | Jun 2, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The main Elliott wave count in last analysis expected upwards movement. This is exactly what is happening. Summary: While price remains above 2,700.68, assume a third wave may be unfolding. The short term target is at 2,824 or 2,915. The mid to longer...
by Lara | Jun 2, 2018 | Lara's Weekly, S&P500
S&P 500 Grand Super Cycle Elliott wave analysis. Summary: From last analysis two wave counts are published. The main wave count remains valid. The alternate bearish wave count is not invalidated but should be now discarded due to a very low probability. MAIN WAVE...
by Lara | Jun 2, 2018 | Lara's Weekly, S&P500
Another signal from the AD line to end the trading week gives strong confidence in the Elliott wave analysis. In light of recent signals from the AD line and On Balance Volume, it is time to step back and look again at monthly charts for the Elliott wave count, and...
by Lara | May 27, 2018 | Lara's Weekly, Silver
Last week’s analysis expected an upwards trend to develop. A slightly higher high and a higher low completes a green weekly candlestick, which fits expectations. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An...