by Lara | Apr 21, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new low below 2,671.17 indicated a deeper pullback was underway. Summary: A pullback may continue towards 2,587 – 2,578. There should be a bounce for a B wave on the way down that may turn up Monday or Tuesday. When this pullback is done, then a...
by Lara | Apr 21, 2018 | Lara's Weekly, Silver |
For the short term, a downwards swing within a consolidation was expected and overall an upwards breakout looked more likely thereafter. The upwards breakout has come sooner than expected. Summary: Wednesday was a classic upwards breakout above resistance with support...
by Lara | Apr 17, 2018 | Lara's Weekly, Public Analysis, 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 | Apr 14, 2018 | Lara's Weekly, Silver |
A bounce was again expected. Price has made a new high this week so far. The target is not yet met. Summary: Silver remains range bound. Volume now suggests an upwards breakout may be more likely than downwards. Resistance is about 16.810 – 16.950 and support is...
by Lara | Apr 14, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement was expected again for Friday. The session began with a gap higher, but thereafter moved lower to close red. Price remains above the invalidation point. Summary: A new low below 2,639.25 would indicate more downwards movement, and the...
by Lara | Apr 14, 2018 | Lara's Weekly, S&P500
For reference to the S&P500 wave structure at January 2018. ANALYSIS OF A PRIOR CYCLE DEGREE FIFTH WAVE Click chart to enlarge. Chart courtesy of StockCharts.com. This monthly chart shows a possible wave count for the last cycle degree fifth wave within the Grand...
by Lara | Apr 14, 2018 | Lara's Weekly, S&P500
Price has moved higher for Monday, which is exactly what was expected from last analysis. Summary: The next target is at 3,020. In the short term, look for a pullback tomorrow for a second wave correction. The pullback may find support now about the upper edge of the...
by Lara | Apr 14, 2018 | Lara's Weekly, S&P500
More downwards movement for Friday was expected. Summary: A low may now be in place. Some confidence may be had in this view if price breaks above the yellow channel on the hourly chart. A target would then be at 3,020. Always practice good risk management. Always...
by Lara | Apr 14, 2018 | Lara's Weekly, S&P500
Second S&P 500 Grand SuperCycle Elliott wave analysis, from 1871. Summary: The bull wave count ignores the 1840’s depression and for this reason the bear count which includes it may have a higher probability. BULLISH WAVE COUNT Click chart to enlarge. The...
