by Lara | Sep 26, 2013 | US Oil
Last week expected one final fifth wave before a trend change. That is not what happened. The trend change may have already occurred. Oil has been a frustrating market to analyse for the last month or so. I am very keen to get it right this week! Click on the charts...
by Lara | Sep 26, 2013 | Gold |
Last analysis expected more upwards movement, which is exactly what has happened. The wave counts remain the same. Click on the charts below to enlarge. There are still several possible structures for primary wave 4. So far we have a three down from the high at...
by Lara | Sep 25, 2013 | Gold
Yesterday’s analysis expected the completion of a small triangle to be followed by a sharp downwards thrust. The update for yesterday gave a target for this downwards thrust to end at 1,305. It ended at 1,305.90. We now have a clear channel breach on the hourly...
by Lara | Sep 24, 2013 | Gold |
This is a very quick update (seeing as I’m up managing the new membership) for the hourly chart for Gold. The triangle has completed as expected. The sharp downwards thrust may possibly be about an hour away from ending. Extend the triangle trend lines. The...
by Lara | Sep 24, 2013 | Gold
The small channel on the hourly chart was breached, but price has moved sideways not higher. It looks like we may be seeing a small triangle complete. When this is done we should see a brief sharp downward thrust, to be followed by the resumption of upwards movement....
by Lara | Sep 22, 2013 | Gold |
Last analysis had two hourly wave counts. The alternate was confirmed quickly with movement below 1,359.20. The alternate hourly wave count expected more downwards movement to the most likely target at 1,323.12. Friday’s session reached down to 1,324.94. A...
by Lara | Sep 20, 2013 | Gold, Gold Historical |
Movement above 1,374.17 invalidated the main wave count and confirmed the alternate. Yesterday I judged the two wave counts to have a close to even probability. It is time to review the bigger picture. I will review my main and alternate historic wave counts today....
by Lara | Sep 19, 2013 | Silver |
Last analysis expected upwards movement, but required a trend channel breach of the channel on the hourly chart before confidence could be had in a trend change. We have the breach now and a trend change confirmed, but price moved lower first. This is exactly why I...
by Lara | Sep 19, 2013 | US Oil
Last analysis expected Oil to move higher for a final fifth wave. This is not what happened. Price moved sideways then lower to breach the invalidation point on the hourly chart. The daily chart remains valid. The wave count remains mostly the same. A final fifth wave...
