by Lara | Feb 18, 2015 | Gold |
The main Elliott wave count expected a strong upwards day for Wednesday, but this is not what has happened. Summary: It is still more likely that the correction is incomplete, but this has decreased in probability today and should be discarded below 1,196.24. The...
by Lara | Feb 17, 2015 | Gold |
I had expected a downwards day for Tuesday which is what has happened. The depth of this downwards movement may be surprising, but it fits the wave count nicely. Summary: It is most likely the correction is incomplete. I expect upwards movement to 1,243 to complete a...
by Lara | Feb 17, 2015 | TSE:TTGD |
Elliott wave analysis of TSE:TTGD, in response to requests from members. The data is from a Google feed (I think) sent to me in .csv format from a member, Aleks. The data only goes back to 13th Feb, 2013 so this analysis cannot give a long term prediction for this...
by Lara | Feb 16, 2015 | Gold |
The consolidation continues, but I had expected a short term drop within it. Summary: This correction is incomplete. I expect it to continue with sideways movement for another two days. In the short term I still expect a downwards day for a B wave within this fourth...
by Lara | Feb 12, 2015 | Gold |
Downwards movement was expected, but price has moved mostly sideways. If Thursday’s session completes as a green candlestick this would be significant. Summary: The third wave may be over and the following fourth wave for minuette wave (iv) looks like it has...
by Lara | Feb 11, 2015 | Gold |
Downwards movement was expected. Summary: The short term target is 1,198 – 1,193, and should be met within the next 24 hours. While this fifth wave is underway corrections should find resistance at the lower edge of the pink base channel, and at the upper edge...
by Lara | Feb 10, 2015 | US Oil, US Oil Historical |
It looks like the third wave is finally over at 43.58, just $0.85 below the final target calculated at 44.43. Summary: I expect choppy overlapping movement for about 28 to 34 weeks in total (another 26 to 32 weeks following the date of this analysis) for a sideways...
by Lara | Feb 10, 2015 | Gold |
The fourth wave correction drifted slightly higher and was followed by downwards movement, exactly as expected. Summary: Once the lower pink trend line is breached I expect downwards momentum to increase. The short term targets are either 1,228 – 1,224 or 1,199...
by Lara | Feb 9, 2015 | Gold |
A shallow fourth wave correction was expected, but I had expected it to be more brief than it is turning out to be. Summary: When this fourth wave correction is over a fifth wave down should unfold. The target for this next wave down is 1,224, but be aware sometimes...