by Lara | Nov 18, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 To end the week, upwards movement has continued as expected. Summary: A low looks to be in place at least for the short to mid term. A target for the next wave up is now 2,882 or 3,013 (alternate wave count). Five daily charts today look at five different...
by Lara | Nov 11, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement overall was expected for the week, which is what has happened. Summary: For the short term, another upwards wave to 2,835 may begin on Monday. After that some sideways movement or a deeper pullback may begin. Overall, this bounce is...
by Lara | Nov 4, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has unfolded overall as expected for this week. Summary: Overall, now expect a bounce to last about two to a few weeks. For the short term, the last open gap may offer support at 2,685.43. A primary degree correction should last several...
by Lara | Oct 27, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new low indicated further downwards movement. The target at 2,612 was not met. Summary: A new high above 2,722.20 and a breakout of the best fit channel would indicate a low is in place. At that stage, a multi week bounce may be expected to continue...
by Lara | Oct 21, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement was expected for the short term. Although price did not make a new low, the candlestick for Friday closed red and the upper wick was long. Overall, this fits expectations. Summary: For the short term, next week may see more downwards...
by Lara | Oct 13, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 An inside day closes red. The candlestick for Friday offers a clue as to what looks most likely for Monday. Summary: After a small bounce up to about 2,800, look for another wave down to support about 2,700. Look for a candlestick reversal pattern, or an...
by Lara | Oct 6, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A signal from On Balance Volume and another signal from the AD line this week all support the alternate Elliott wave count. Price is the ultimate determinator though, so a specific price point is given for members that may indicate which wave count is...
by Lara | Sep 29, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 It was expected for Friday that price may move lower, which is what happened. Summary: At this stage, it would be best to let price tell us if primary wave 3 is over or not. Long upper candlestick wicks and a bearish short term volume profile support the...
by Lara | Sep 22, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement for the week to new all time highs was expected for the main Elliott wave count. Also, upwards movement for the week has invalidated the alternate Elliott wave count. When alternate wave counts are invalidated, then more confidence may be...
