Select Page

US OIL Elliott Wave Technical Analysis – 18th September, 2013

Last analysis expected Oil to move higher for a final fifth wave. This is not what happened. Price moved sideways then lower to breach the invalidation point on the hourly chart. The daily chart remains valid. The wave count remains mostly the same. A final fifth wave...

Silver Elliott Wave Technical Analysis – 5th September, 2013

Last week’s analysis expected a little more upwards movement from Silver before a minor wave B downwards began. We did not see upwards movement; price just moved lower in what is so far a clear three wave structure. Click on the charts below to enlarge. Within...

US OIL Elliott Wave Technical Analysis – 4th September, 2013

Last week’s analysis expected more upwards movement from US Oil, which is not what happened. Price has moved lower to breach the invalidation point at 108.17 on the daily chart. Click on the charts below to enlarge. Cycle wave b is incomplete, and is unfolding...

GOLD Elliott Wave Technical Analysis – 3rd September, 2013

Price moved higher as expected. The main wave count remains the same. I have a new alternate hourly wave count for you today. Both hourly wave counts expect more upwards movement, and the difference is in expected momentum. Click on the charts below to enlarge....