by Lara | Jan 23, 2017 | US Oil |
Price has moved slightly higher for the week with a slightly higher high and a slightly higher low from the prior week. The Elliott wave count remains the same. Summary: Downwards movement is now expected to at least 28.61. The target is at 25.59. A new low below...
by Lara | Jan 23, 2017 | Gold |
A small upwards day has made a slight new high. Both Elliott wave counts remain the same. Summary: The bottom line is still that it must be accepted there is no indication yet of an end to this upwards wave while Gold remains within the channel and above the...
by Lara | Jan 21, 2017 | Gold |
Slightly higher movement from Gold for Friday’s session fits the main Elliott wave count. Price continues to bounce up off support at the lower trend line. Summary: The bottom line is still that it must be accepted there is no indication yet of an end to this...
by Lara | Jan 20, 2017 | Silver
The main Elliott wave count was confirmed when Silver made a new high above 17.220 and the alternate Elliott wave count was invalidated. There is only one Elliott wave count now left for Silver at this time. Summary: A deep correction may have begun now for Silver....
by Lara | Jan 19, 2017 | Gold |
Price moved lower and bounced up off the lower edge of the channel on the daily and hourly Elliott wave charts. This indicates the main hourly Elliott wave count remains more likely than the alternate. Summary: The bottom line is still that it must be accepted there...
by Lara | Jan 18, 2017 | Gold |
Price has moved lower and remains within the channel drawn on both the hourly and daily Elliott wave charts. Summary: The bottom line is still that it must be accepted there is no indication yet of an end to this upwards wave while Gold remains within the channel and...
by Lara | Jan 17, 2017 | Gold |
Upwards movement continued to the target on the main hourly Elliott wave count. Summary: Targets for upwards movement to end are 1,219 (about 40% likely) or 1,238 (about 60% likely). In the short term, a new low below 1,207.34 would indicate a deeper correction may be...
by Lara | Jan 17, 2017 | Natural Gas, Public Analysis |
Summary: Natural Gas is in an upwards trend. The last correction ended at support on the 9th of January. The target for upwards movement to end is about 4.304. MAIN ELLIOTT WAVE COUNT WEEKLY CHART Click chart to enlarge. This weekly wave count for Natural Gas begins...
by Lara | Jan 16, 2017 | US Oil
Price has moved overall lower as last week’s Elliott wave and technical analysis expected. Summary: Downwards movement is now expected to at least 28.61. The target is at 25.59. A new low below 49.96 would add confidence that price has turned downwards. Expect...