by Lara | Jul 19, 2015 | US Oil, US Oil Historical |
Primary wave 5 is in its early stages. The Elliott wave count remains the same. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96 and may be met in another six months time. A shorter term target for an...
by Lara | Jul 17, 2015 | Gold |
Price continues to fall exactly as expected. The Elliott wave count remains the same, and all targets are the same. Summary: Downwards movement should continue. Price is today finding support at the green channel. On the hourly chart, the new red channel may show...
by Lara | Jul 16, 2015 | Gold |
Downwards movement was expected, again, and this has occurred. Supported again by technical analysis indicators, the Elliott wave count remains the same. Summary: Downwards movement should continue. Use the brown channel on the hourly chart to indicate where upwards...
by Lara | Jul 16, 2015 | GDX |
I have the same two Elliott wave counts for GDX. I favour the bear wave count. GDX does not appear to have sufficient volume for Elliott wave analysis of this market to be reliable. It exhibits truncations readily, and often its threes look like fives while its fives...
by Lara | Jul 15, 2015 | Gold |
Downwards movement was expected. The Elliott wave count remains the same, supported again by technical analysis indicators. Summary: Downwards movement should continue. Use the brown channel on the hourly chart to indicate where upwards corrections should find...
by Lara | Jul 14, 2015 | Gold |
A small red candlestick fits the Elliott wave count. Summary: The main wave count remains the same: it expects downwards movement this week to a target at 1,123 which may be met in two or five days time. To see weekly charts click here. Changes to last analysis are...
by Lara | Jul 14, 2015 | Silver
Charts only today. MAIN WAVE COUNT Click chart to enlarge. ALTERNATE WAVE COUNT Click chart to enlarge.
by Lara | Jul 13, 2015 | Gold |
Both Elliott wave counts expected downwards movement, which is what has happened for Monday’s session. Summary: The main wave count remains the same: it expects downwards movement this week to a target at 1,123 which may be met in three days time. To see weekly...
by Lara | Jul 10, 2015 | Gold |
Downwards movement was expected for Friday. The session did begin with some downwards movement, but price turned higher to complete a green candlestick for Friday which was not what was expected. Price remains below the invalidation point on the hourly Elliott wave...
