by Lara | May 29, 2015 | Gold |
Upwards movement was expected. The main Elliott wave counts remain the same, and a new bearish alternate will be added to daily analysis. Summary: Both bull and bear wave counts still expect upwards movement for a few days. The bull wave count has a minimum...
by Lara | May 29, 2015 | Gold |
I have spent some time looking for an alternate bull and / or bear count which could see movement below the invalidation points on the main wave counts. Summary: I cannot yet see an alternate bull wave count which would allow for more downwards movement from here. I...
by Lara | May 29, 2015 | US Oil, US Oil Historical |
US Oil did not continue higher towards the target which was at 64.39. It has turned lower. Summary: Upwards movement looks to be over. I am waiting now for trend channel confirmation of a trend change. When that comes I will have some confidence that primary wave 4 is...
by Lara | May 28, 2015 | Gold |
A little more downwards movement was still allowed for. The invalidation points are now extremely close by, but still not breached. Summary: Both bull and bear wave counts still expect upwards movement for a few days. The bull wave count has a minimum requirement at...
by Lara | May 27, 2015 | Gold |
A little downwards movement was allowed for. Price remains within the channel and above the invalidation points which are very close by. Summary: Both bull and bear wave counts now expect upwards movement for a few days. The bull wave count has a minimum requirement...
by Lara | May 26, 2015 | Gold |
Some upwards movement to 1,215 was expected before this strong downwards movement. That did not happen. Summary: For both bull and bear wave counts this downwards movement is either over already or very close to it. There is very little room left for it to move; the...
by Lara | May 26, 2015 | US Oil, US Oil Historical |
US Oil continues to behave as expected. Summary: Upwards movement is very close to completion. The target is at 64.39. Click chart to enlarge. This wave count sees US Oil as within a big super cycle wave (II) zigzag. Cycle wave c is highly likely to move at least...
by Lara | May 25, 2015 | Gold |
The main bull and bear Elliott wave counts expected a little downwards movement. Price has drifted sideways in a narrow range. Summary: A small B wave is most likely continuing sideways as a double combination. The target for it to end is 1,215. Thereafter, both main...
by Lara | May 25, 2015 | NZDUSD
My Elliott wave and traditional TA analysis of NZDUSD: Elliott Wave Analysis Today I am waiting to see if price can break through support at the black trend line. Trend Line Analysis Technical Analysis Although ADX is below 15 indicating no clear trend, the EW picture...