by Lara | Apr 23, 2018 | Gold |
Downwards movement was expected to continue with strong momentum. This is exactly what has happened. Summary: The target for this downwards swing to end is still 1,306. Along the way down, there may be another multi day bounce that should remain below 1,333.84. It may...
by Lara | Apr 21, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new low below 2,671.17 indicated a deeper pullback was underway. Summary: A pullback may continue towards 2,587 – 2,578. There should be a bounce for a B wave on the way down that may turn up Monday or Tuesday. When this pullback is done, then a...
by Lara | Apr 21, 2018 | US Oil
The new Elliott wave count is bullish. A short term pullback was expected, but price moved lower only slightly and briefly before making new highs. Summary: Classic technical analysis remains overly bullish. There is an upwards trend in place. Pullbacks are an...
by Lara | Apr 21, 2018 | Lara's Weekly, Silver |
For the short term, a downwards swing within a consolidation was expected and overall an upwards breakout looked more likely thereafter. The upwards breakout has come sooner than expected. Summary: Wednesday was a classic upwards breakout above resistance with support...
by Lara | Apr 21, 2018 | Gold |
Downwards movement continues now as expected and shows an increase in downwards momentum, which was also expected. The target remains the same and looks reasonable. Summary: The target is at 1,306. Do not expect this swing to move in a straight line. There may be one...
by Lara | Apr 19, 2018 | Gold |
Downwards movement has unfolded as expected. Price remains within the channel on the hourly chart. This channel will continue to be very important. Summary: Overall, still expect a downwards swing from here to support. When the channel on the hourly chart is breached...
by Lara | Apr 18, 2018 | Gold |
Upwards movement has breached the invalidation point on the hourly chart. The short term structure of the last four sessions is reanalysed. Summary: Overall, still expect a downwards swing from here to support. Use the wide channel on the hourly chart for confidence...
by Lara | Apr 17, 2018 | Gold |
Overall, downwards movement was expected for this week. This is now what is happening. A channel may now be drawn on the hourly chart that may be useful for resistance. Summary: Expect a downwards swing from here to support. The target is at 1,306. Do not expect this...
by Lara | Apr 17, 2018 | Lara's Weekly, Public Analysis, S&P500 |
S&P 500 Grand Super Cycle Elliott wave analysis. Summary: From last analysis two wave counts are published. The main wave count remains valid. The alternate bearish wave count is not invalidated but should be now discarded due to a very low probability. MAIN WAVE...
