by Lara | May 25, 2019 | US Oil
Downwards movement was expected this week for US Oil, which is exactly what has happened. Summary: A bounce may begin next week to about 61.33. The next wave down may begin thereafter, which may show a further increase in momentum. The final target is now calculated...
by Lara | May 23, 2019 | Gold
For the very short term, a bounce was expected for this session. The bounce is higher than expected, but it remains below the Elliott wave invalidation point. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may still be more likely....
by Lara | May 22, 2019 | Gold |
A small range inside day leaves all Elliott wave counts essentially the same. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may be more likely. The target would then be at 1,219 (which may not be low enough). However, the target...
by Lara | May 21, 2019 | Gold |
Further downwards movement fits the main Elliott wave count. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may be slightly more likely. The target would then be at 1,219 (which may not be low enough). However, the target would be...
by Lara | May 20, 2019 | Gold |
A small range Doji candlestick for Monday sees both Elliott wave counts remain the same. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may be slightly more likely. The target would then be at 1,219 (which may not be low enough)....
by Lara | May 19, 2019 | Silver |
Price has moved lower for the week exactly as the last analysis expected. The upper edge of the channel on the daily chart continues to provide resistance. Summary: The short-term target is at 13.524. Look for bounces to continue to find resistance at the upper edge...
by Lara | May 18, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Both the AD line and VIX at the end of the week give the same signal. In conjunction with Lowry’s data, this indicates a more bullish scenario should be dominant. The Elliott wave count has a new short to mid-term target. Summary: The low of...
by Lara | May 17, 2019 | Gold |
Price is now range bound. Two Elliott wave counts are used to map out possible movement and targets after a breakout in either direction. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may be slightly more likely. The target would...
by Lara | May 17, 2019 | US Oil
An upwards week sees price remain below the invalidation point. Volume analysis is relied upon heavily this week to indicate the direction for next week. Summary: The next wave down may now begin. The final target is now calculated at 10.72. Further confidence that a...
