by Lara | Sep 23, 2015 | Silver, Silver Historical
Silver has been in a bear market since April 2011. There is not enough technical confirmation of a change from bear to bull. For this reason I favour the third wave count which is bearish. But the first two wave counts are entirely possible. Price will tell us which...
by Lara | Sep 23, 2015 | Gold |
Yesterday’s analysis expected a little more downwards movement to 1,116 for both Elliott wave counts, but this is not what happened. Price moved higher. Summary: Short term both wave counts expect a little upwards movement to 1,137. Thereafter, both wave counts...
by Lara | Sep 22, 2015 | Gold |
Downwards movement favours the bear wave count, but is not enough for confirmation. The bull wave count remains valid. Summary: Short term both wave counts expect a little more downwards movement to 1,116. Thereafter, both expect some upwards movement: the bear for a...
by Lara | Sep 21, 2015 | US Oil, US Oil Historical |
The Elliott wave structure still looks incomplete. A target may now be calculated for the end of it. Summary: I expect upwards movement from US Oil this week to a target at 51.20 to 51.40. This target may be met in two days time. Thereafter, the downwards trend may...
by Lara | Sep 21, 2015 | Gold |
Both Elliott wave counts expected downwards movement for Monday, which is what happened. Summary: The bull and bear wave counts again diverge. The bear wave count expects downwards movement to continue. The bull wave count expects upwards movement from here. The...
by Lara | Sep 18, 2015 | Gold |
Short term the bear wave count expected upwards movement to 1,143. Price has moved higher to 1,141.83. Summary: Both wave counts expect downwards movement from here: the bear for the middle of a big third wave and the bull for a fourth wave correction which should...
by Lara | Sep 18, 2015 | Silver, Silver Historical
Silver has been in a bear market since April 2011. There is not enough technical confirmation of a change from bear to bull. For this reason I favour the third wave count which is bearish. But the first two wave counts are entirely possible. Price will tell us which...
by Lara | Sep 17, 2015 | Gold |
Both Elliott wave counts remain valid today. Summary: Upwards movement favours the bull Elliott wave count, but it is not enough to invalidate the bear Elliott wave count. I am changing the bear wave count slightly to see this upwards movement as minuette wave (ii),...
by Lara | Sep 16, 2015 | Gold |
Price still has not confirmed or invalidated either the bear wave count or the bull wave count. Summary: The bear wave count is close to even in probability with the bull wave count today. To the upside, a new high above 1,148.04 would see the bull wave count more...
