by Lara | Mar 31, 2016 | Silver
Last week both Elliott wave counts expected at least a little downwards movement. This is what happened. Summary: A little upwards movement should unfold short term. A new high above 16.132 would invalidate the main wave count and confirm the alternate. If that...
by Lara | Mar 30, 2016 | Gold |
Price made a slight new high and then turned lower. Upwards movement was expected. Summary: Two wave counts today both expect more upwards movement. In the short term, a third wave up may be beginning. It is reasonably likely that price will reach to 1,275.24. The...
by Lara | Mar 29, 2016 | Gold |
Upwards movement was unexpected and invalidated the hourly Elliott wave count. Summary: Two wave counts today both expect more upwards movement. It is reasonably likely that price will reach to 1,275.24. Upwards movement is most likely a B or X wave within a larger...
by Lara | Mar 29, 2016 | US Oil |
Again, last week’s analysis of US Oil expected downwards movement for both the main and alternate Elliott wave counts. This is what happened. Summary: Downwards movement is expected to continue for several weeks. How low downwards movement goes may indicate...
by Lara | Mar 28, 2016 | Gold |
The alternate Elliott wave count was invalidated. There is only one Elliott wave count. The situation is clearer. Summary: This correction may end in a few more hours about 1,224 – 1,226, or it may continue sideways for another two to three days. Price is...
by Lara | Mar 25, 2016 | Gold |
Both Elliott wave counts remain valid. Price should indicate which one is correct in the next one or two sessions. Summary: It is most likely price will continue sideways for one to two sessions before resuming a downwards trend. If price breaks below 1,212.72 at any...
by Lara | Mar 23, 2016 | Silver
Last week’s analysis again expected upwards movement. This is how the week began, but today price has moved strongly lower retracing the gains of the last five days. Summary: A larger second wave correction has most likely arrived. It may last a few weeks and...
by Lara | Mar 23, 2016 | Gold |
Upwards movement was expected but did not happen. Downwards movement has invalidated one Elliott wave count. Summary: It looks like price has broken out of a range to the downside. The main wave count will expect intermediate wave (2) downwards is underway. A clear...
by Lara | Mar 22, 2016 | Gold |
A little downwards movement to 1,238 was expected before upwards movement. This is not quite what happened. Price did not move any lower, but it did move higher to complete a small green doji. Summary: I have three wave counts today. None see minor 5 as underway and...
