by Lara | Jul 26, 2015 | US Oil, US Oil Historical |
Primary wave 5 is still in its early stages. The Elliott wave count is adjusted and the target is recalculated. 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...
by Lara | Jul 24, 2015 | Gold |
Price began the session with downwards movement, which was expected, but the upwards move to end the session is much deeper than expected. Summary: Monday may begin with a little upwards movement to at least slightly above 1,119.23, to a target at 1,121. Use the...
by Lara | Jul 23, 2015 | Gold |
Price continues to move slowly lower. Another red candlestick fits the main Elliott wave count. I have a new alternate Elliott wave count for you today. Summary: The main wave count and the new alternate still expect more downward movement as does the regular...
by Lara | Jul 22, 2015 | Gold |
Price has moved lower exactly as expected. Summary: The target for the next third wave to end, which may be met tomorrow, remains at 1,060. The following fourth wave may show on the daily chart, but it may not. The target for minute wave iii to end remains at 1,023...
by Lara | Jul 21, 2015 | Gold |
Since yesterday’s Elliott wave analysis, price has moved lower slowly. Summary: The target for the next third wave to end remains at 1,060. The following fourth wave may show on the daily chart, but it may not. The target for minute wave iii to end remains at...
by Lara | Jul 20, 2015 | Gold |
Previous analysis warned of possible swift strong fifth wave extensions to end a third wave. Last analysis also stated that when price broke below the lower edge of the green channel on the daily chart, then an increase in downwards momentum was expected. That was...
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...
