by Lara | Sep 26, 2017 | Gold, Public Analysis |
Yesterday’s strong upwards movement has been reversed. A new low below 1,296.23 indicated the alternate hourly Elliott wave count should be used. Summary: The bigger picture reverts to seeing a pullback continue here to about 1,261. It may be as low as 1,170...
by Lara | Sep 13, 2017 | Public Analysis, US Oil |
Downwards movement was expected. Over the last week price has made a lower low and a lower high, but the weekly candlestick so far is green with continued deep bounces. Summary: The bigger picture for Oil remains bearish. Each time price comes up to touch, or gets...
by Lara | Sep 5, 2017 | Bitcoin, Public Analysis, Reference
Last published Bitcoin analysis had inadequate targets. 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 like a five wave impulse may be completing. With no Fibonacci ratio...
by Lara | Aug 4, 2017 | Education, Public Analysis, S&P500, Trading Tips
A simple classic technical analysis pattern may answer the question of what direction to expect tomorrow from the S&P500 upon release of Non Farm Payroll data. This release is expected to move markets strongly:. Click chart to enlarge. Pennants are reliable...
by Lara | Aug 3, 2017 | Education, Gold, Public Analysis |
For those who want to hone their Elliott wave knowledge, have a go at spotting my deliberate mistakes: Click chart to enlarge. This one is easy (at least, I think it is and I’ve really tried to make it easy). There is one mistake in the triangle (just one!) and...
by Lara | Aug 2, 2017 | Education, Gold, Public Analysis
Volume analysis is essential to a full technical analysis. One of the simplest techniques is to look at volume during a consolidation and note which days, upwards or downwards, have strongest volume. Click chart to enlarge. Gold has been within a large consolidation...
by Lara | Jul 26, 2017 | Gold, Public Analysis |
US Fed interest rate decision is due out at 2 p.m. EST on 26th of July, and this may move the Gold market strongly two hours before New York closes. Click chart to enlarge. Simple support and resistance may be used to tell in which direction Gold may move and where it...
by Lara | Jul 21, 2017 | Public Analysis, USD Index
The USD index has been trending lower for six months now. A simple wave count at the monthly chart level may indicate what is most likely to happen next. Click chart to enlarge. The Elliott channel (maroon) about cycle wave III is drawn using the first technique: a...
by Lara | Jul 18, 2017 | Gold, Public Analysis |
This chart was last published on 9th of July showing a breach of an important trend line. Click chart to enlarge. Price is now bouncing up for another test. There is a little room still for a little more upwards movement, if price wants to come up to kiss the trend...
