by Lara | May 19, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 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...
by Lara | May 12, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A strong signal from On Balance Volume adds confidence to the Elliott wave count. Summary: A short term Elliott wave target is 2,744. A short term classic analysis target is 2,811. At about one of these points a small consolidation or pullback may be...
by Lara | May 4, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Last analysis again expected upwards movement, which is exactly how the week ended, with a strong green candlestick for Friday. Summary: The target is now at 2,922. Traders with a lower risk appetite may set stops just below yesterday’s low. For...
by Lara | Apr 28, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Price gapped higher but did not reach the short term target before turning a little lower in a mostly sideways day for Friday. At the end of this week, there are signals from On Balance Volume, the AD line, and VIX that support the Elliott wave counts....
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 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...
