by Lara | Jul 23, 2015 | Trading Tips
MotiveWave is an incredibly feature-rich platform that works with multiple brokers and data services. MotiveWave has the most advanced Elliott Wave Software and Elliott Wave Tools available. Elliott Wave Tools range from manual to semi-automatic to automatic Elliott...
by Lara | Jul 22, 2015 | Gold |
Price has moved lower exactly as expected. Summary: The target for the next third wave to end, which may be met tomorrow, remains at 1,060. The following fourth wave may show on the daily chart, but it may not. The target for minute wave iii to end remains at 1,023...
by Lara | Jul 21, 2015 | Gold |
Since yesterday’s Elliott wave analysis, price has moved lower slowly. Summary: The target for the next third wave to end remains at 1,060. The following fourth wave may show on the daily chart, but it may not. The target for minute wave iii to end remains at...
by Lara | Jul 21, 2015 | GDX |
I will let Gold lead. For this reason only I will not publish a bull wave count for GDX. GDX does not appear to have sufficient volume for Elliott wave analysis of this market to be reliable. It exhibits truncations readily, and often its threes look like fives while...
by Lara | Jul 20, 2015 | Gold |
Previous analysis warned of possible swift strong fifth wave extensions to end a third wave. Last analysis also stated that when price broke below the lower edge of the green channel on the daily chart, then an increase in downwards momentum was expected. That was...
by Lara | Jul 19, 2015 | US Oil, US Oil Historical |
Primary wave 5 is in its early stages. The Elliott wave count remains the same. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96 and may be met in another six months time. A shorter term target for an...
by Lara | Jul 17, 2015 | Gold |
Price continues to fall exactly as expected. The Elliott wave count remains the same, and all targets are the same. Summary: Downwards movement should continue. Price is today finding support at the green channel. On the hourly chart, the new red channel may show...
by Lara | Jul 16, 2015 | Gold |
Downwards movement was expected, again, and this has occurred. Supported again by technical analysis indicators, the Elliott wave count remains the same. Summary: Downwards movement should continue. Use the brown channel on the hourly chart to indicate where upwards...
by Lara | Jul 16, 2015 | GDX |
I have the same two Elliott wave counts for GDX. I favour the bear wave count. GDX does not appear to have sufficient volume for Elliott wave analysis of this market to be reliable. It exhibits truncations readily, and often its threes look like fives while its fives...
