by Lara | Dec 23, 2017 | Bitcoin, Public Analysis |
Has the Bitcoin bubble burst? I look at price and volume, along with trend lines, to answer this question. Last analysis stated: “Instead of trying to figure out where this bubble may go, I’ll focus on figuring out when it may have popped. A strong bearish...
by Lara | Dec 22, 2017 | Gold |
Upwards movement for Friday’s session has found resistance right at the lower trend line of the symmetrical triangle. Volume analysis is used to determine the most likely Elliott wave count of four possibilities. Summary: Volume still does not support this...
by Lara | Dec 21, 2017 | Silver
Upwards movement was expected for the last week. This is what has happened. Volume analysis indicates the probability of the Elliott wave counts has shifted for Silver. Summary: Upwards movement may end here or very soon. Expect downwards movement now to about 15.403....
by Lara | Dec 21, 2017 | Gold |
A little more upwards movement to 1,270 was expected. Price has moved higher to reach up to 1,268.58, just 1.42 short of the target. Summary: A third wave down may begin from here. Some confidence may be had in this view when / if price breaks below the lower edge of...
by Lara | Dec 20, 2017 | Gold |
More upwards movement was expected towards a target at 1,268 to 1,270. Price has reached up to 1,266.70, just 1.30 short of the target zone so far. Summary: Upwards movement is either over here or may continue a little higher. If it does continue a little higher, then...
by Lara | Dec 19, 2017 | US Oil |
Another sideways week sees a classic symmetrical triangle forming. Volume analysis is used to indicate the most likely breakout direction, and the triangle is used to calculate a target. Summary: The target for upwards movement to end is 61.42. There has been some...
by Lara | Dec 19, 2017 | Gold, Public Analysis |
Price has been behaving exactly as expected now for over a week. We may have reasonable confidence in the current Elliott wave count. Volume analysis also supports it today. Summary: Upwards movement may end tomorrow at 1,268 to 1,270. Thereafter, a third wave down...
by Lara | Dec 18, 2017 | Gold |
Price continues higher towards the target for this upwards movement to end. Two hourly charts are provided today. They both expect the same direction next, only the Elliott wave structures are different, and both have the same target. Summary: Upwards movement may end...
by Lara | Dec 16, 2017 | Gold |
A target for another day or so was 1,264. Price moved higher to reach 1,261.40 before turning down. Summary: A multi day bounce for minor wave 2 has arrived. The target for minor wave 2 is still 1,268, which may be met in another two or five days. Short positions...
