by Lara | Jun 2, 2018 | US Oil
The pullback has reached the lilac trend line where it was expected to find support. Summary: A deeper and longer lasting consolidation may have begun, which may last about 13 to 21 weeks in total. It should remain above 55.24, and the target is about 61.12. The...
by Lara | Jun 2, 2018 | Gold |
A downwards day, which does not make a new low, still fits overall with the bigger picture. At the end of the week, the main Elliott wave count is unchanged at the daily chart level. Summary: The target is now 1,411. Triple bullish divergence between price and...
by Lara | May 31, 2018 | Gold |
Another upwards day fits expectations, but the technicals are a concern for the very short term. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a low may be in place...
by Lara | May 30, 2018 | Gold |
Yesterday’s signal from On Balance Volume that caused concern for the main Elliott wave count is now negated. The main Elliott wave count has support from classic technical analysis. Summary: The target is now 1,411. Triple bullish divergence between price and...
by Lara | May 29, 2018 | Gold |
A slightly downwards day closes as a doji, and downwards movement remains above the short term invalidation point. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a...
by Lara | May 28, 2018 | Gold |
With New York closed for Memorial Day, a quiet session saw price move a little lower but remain above the invalidation point on the hourly chart. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower...
by Lara | May 27, 2018 | Lara's Weekly, Silver
Last week’s analysis expected an upwards trend to develop. A slightly higher high and a higher low completes a green weekly candlestick, which fits expectations. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An...
by Lara | May 26, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A small inside day fits the Elliott wave count. At the end of the week, VIX and the AD line and On Balance Volume are all giving signals which are in agreement. Summary: Bearish signals at the end of the week from VIX and the AD line and On Balance Volume...
by Lara | May 26, 2018 | US Oil |
Last week’s analysis expected an upwards trend in place, and suggested pullbacks are an opportunity to join the trend. Summary: This pullback may find support at the lilac trend line on the weekly and daily charts. If it does not end there, then the target would...
