by Lara | Nov 16, 2017 | Public Analysis, Silver
Price was expected to move higher, but sideways movement suggests a triangle is forming for the short term. Two Elliott wave triangle counts are considered, and the classic symmetrical triangle is examined in this analysis. Summary: A triangle may be either complete...
by Lara | Nov 13, 2017 | Bitcoin, Education, Public Analysis
Last analysis of Bitcoin expected more upwards movement, which is what has happened. Last published Bitcoin analysis is here. All charts are on a semi-log scale. FORTNIGHTLY CHART Click chart to enlarge. The data for this wave count begins from June 2010. What looks...
by Lara | Nov 10, 2017 | Public Analysis, USD Index |
The USD Index continued to move lower as the last Elliott wave analysis expected. The target for a low at primary degree was 94.83. The low was reached 3.01 below the target. ELLIOTT WAVE ANALYSIS MONTHLY CHART Click chart to enlarge. A Super Cycle degree impulse...
by Lara | Nov 1, 2017 | Gold, Public Analysis |
Price is now beginning to move higher, which is what the Elliott wave counts both expected. Summary: Upwards movement for a third wave should begin now. The first target is at 1,294 where a small consolidation may unfold. The target for this upwards swing to end is at...
by Lara | Oct 31, 2017 | Education, GOOG, Public Analysis |
In keeping with the KISS principle, this trend line is very simple. I call it “Google’s Forever Trend Line”. Click chart to enlarge. This trend line has very strong technical significance. It is very long held and has been tested multiple times. It...
by Lara | Oct 18, 2017 | Education, Public Analysis |
Another brain teaser to test your Elliott wave knowledge: Click chart to enlarge. I have tried to make it a bit easier by violating only core Elliott wave rules and making the mistakes really bad ones. Price points of all waves are given so you can calculate lengths...
by Lara | Oct 11, 2017 | Gold, Public Analysis |
The overall upwards trend continues. Summary: Note that inaccurate data from StockCharts substantially reduces the confidence in classic technical analysis today. While price remains above 1,284.48 and most importantly within the pink base channel on the main hourly...
by Lara | Oct 5, 2017 | Public Analysis, Silver
More downwards movement was expected after last week’s analysis. Silver has made a new low, which fits expectations so far. With this market in a large consolidation, volume analysis will be used to indicate the breakout direction. Summary: Downwards movement...
by Lara | Oct 4, 2017 | Gold, Public Analysis |
All three hourly Elliott wave charts published yesterday expected at least some upwards movement. So far that is what has happened. Classic analysis will be used today to judge which of the three scenarios looks most likely. Summary: Assume the trend remains down...
