by Lara | Sep 5, 2017 | Gold |
Upwards movement continues as the main Elliott wave count expects. Price today bounced up perfectly from the upper edge of the base channel. This gives us an important clue as to what should happen next. Summary: An upwards breakout has support from volume. Look out...
by Lara | Sep 5, 2017 | Bitcoin, Public Analysis, Reference
Last published Bitcoin analysis had inadequate targets. All charts are on a semi-log scale. FORTNIGHTLY CHART Click chart to enlarge. The data for this wave count begins from June 2010. What looks like a five wave impulse may be completing. With no Fibonacci ratio...
by Lara | Sep 5, 2017 | US Oil
Price continues to find resistance at the wide channel on the monthly and weekly charts. Summary: Expect a new strong wave down has begun. Target 34.34. Stops may be set just above the invalidation point at 50.22. Invest only 1-5% of equity on any one trade. In the...
by Lara | Sep 4, 2017 | Gold |
Upwards movement continues as the new main wave count expects. Summary: An upwards breakout has support from volume. Look out for very strong upwards movement in upcoming weeks to a target at 1,452. In the short term, corrections may now find support at the upper edge...
by Lara | Sep 2, 2017 | Gold |
Trading advice given in last analysis favoured the bullish scenario. Members who opened a hedge or long positions should have profits. Summary: An upwards breakout has support from volume. Look out for very strong upwards movement in upcoming weeks to a target at...
by Lara | Sep 1, 2017 | Silver
A pullback was expected to move price lower to about 16, but this is not what happened. Price has moved higher. Summary: The trend is upwards. There are some signs it is nearing extreme, but there is room still for price to rise further. A short term target is about...
by Lara | Aug 31, 2017 | Gold |
An upwards day has not made a new high and has closed just below the trend line. Classic analysis supports the alternate wave count. Summary: Assume the trend remains the same until proven otherwise. Assume the larger bear market remains intact while price remains...
by Lara | Aug 30, 2017 | Gold |
Another red daily candlestick has printed as expected, but price continues to move sideways and not lower. Summary: Assume the trend remains the same until proven otherwise. Assume the larger bear market remains intact while price remains below the bear market trend...
by Lara | Aug 29, 2017 | Gold |
Price has reacted strongly downwards after moving slightly higher to perfectly touch the long term bear market trend line, which was expected. A red daily candlestick was printed as expected. Summary: Assume the trend remains the same until proven otherwise. Assume...
