by Lara | Nov 25, 2015 | Silver, Silver Historical
A correction was expected to have begun. Price has moved sideways for the last week, typical of a correction. Summary: It is most likely that the correction will end with a little upwards movement to about 14.887. Thereafter, the main wave count expects more downwards...
by Lara | Nov 19, 2015 | Silver, Silver Historical |
Last week it was stated the trend was down but a correction was expected to turn up, indicated by a green daily candlestick. Summary: A small correction against the downwards trend may have begun. The most likely target is the 0.382 Fibonacci ratio at 14.887....
by Lara | Nov 12, 2015 | Silver, Silver Historical
Last week’s analysis had three Elliott wave counts. Since then one Elliott wave count has been invalidated. There are now only two Elliott wave counts. The situation is becoming clearer for Silver. Summary: The correction which was expected to turn up last week...
by Lara | Nov 5, 2015 | Silver, Silver Historical
Last week’s analysis had three wave counts. All expected downwards movement, which is what happened. At this time it looks like in the short term the picture may be clearer for Silver than Gold, so maybe Silver can point the way despite having a greater variety...
by Lara | Oct 29, 2015 | Silver, Silver Historical |
Silver has been in a bear market since April 2011. Summary: The bear market must be assumed to remain intact while price remains within the bear market channel. From an Elliott wave perspective, there are still at least three possible wave counts for Silver at the...
by Lara | Oct 21, 2015 | Silver, Silver Historical
Silver has been in a bear market since April 2011. Summary: The bear market must be assumed to remain intact while price remains within the bear market channel. From an Elliott wave perspective, there are still at least three possible wave counts for Silver at the...
by Lara | Oct 15, 2015 | Silver, Silver Historical |
Silver has been in a bear market since April 2011. Summary: The bear market must be assumed to remain intact while price remains within the bear market channel. From an Elliott wave perspective, there are still at least three possible wave counts for Silver at the...
by Lara | Oct 7, 2015 | Silver, Silver Historical
Silver has been in a bear market since April 2011. Summary: There is still not enough confirmation of a trend change for Silver from bear to bull. With some adjustment, the third bearish wave count is still viable. The bear market must be assumed to remain intact...
by Lara | Sep 30, 2015 | Silver, Silver Historical
Silver has been in a bear market since April 2011. There is not enough technical confirmation of a change from bear to bull. For this reason I favour the third wave count which is bearish. But the first two wave counts are entirely possible. Price will tell us which...