by Lara | Nov 15, 2019 | US Oil |
An upwards swing was expected to continue. An upwards week with a higher high and a higher low exactly fits this expectation. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend...
by Lara | Nov 14, 2019 | Gold |
Bounce was expected to end about 1,472. Price has continued higher to reach 1,473.35 for this session. Summary: This bounce may be over here. If it continues any higher, then it may be for only one more day. It may end about 1,480, where the lower triangle trend line...
by Lara | Nov 13, 2019 | Gold |
In yesterday’s analysis members were warned to look for a small bounce to about 1,472 for the short term. A small range upwards day with a high at 1,466.29 fits this expectation. Summary: For the very short term, look out for this small bounce to end about 1,472...
by Lara | Nov 12, 2019 | Gold |
Price keeps falling towards the Elliott wave target and the target calculated from the classic triangle pattern. Summary: For the very short term, look out for a small bounce to about 1,472 or to test the lower triangle trend line (daily technical analysis chart). The...
by Lara | Nov 11, 2019 | Gold |
Price continues lower as the main Elliott wave count expected. Summary: The Elliott wave target is at 1,348. A target calculated from the adjusted triangle is about 1,431. For the very short term, a new high above 1,514.29 would add some confidence in a more bullish...
by Lara | Nov 9, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The S&P 500 has continued to make new highs this week exactly as the Elliott wave count expected. There is underlying strength in this market with rising breadth and new all time highs from On Balance Volume. Elliott wave targets remain the same....
by Lara | Nov 9, 2019 | Silver
Again, last week members were warned to look out for the potential for a short-term pullback. Price has moved to a new swing low, so a new Elliott wave count is developed that has support from volume analysis. Summary: Strong downwards movement with push from volume...
by Lara | Nov 8, 2019 | Gold |
More downwards movement was expected for Friday, which is what has happened. The weekly candlestick strongly suggests the main Elliott wave count is more likely. Summary: The Elliott wave target is at 1,348. A target calculated from the adjusted triangle is about...
by Lara | Nov 8, 2019 | US Oil |
An upwards swing within a larger consolidation was expected to continue. This is exactly what is happening, so far. Both Elliott wave counts remain valid. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end...
