by Lara | Jun 8, 2015 | US Oil, US Oil Historical |
Upwards movement was not over and a new high was made. Thereafter, price has again turned down, but is this the end of a trend or just a correction against the trend? Summary: The strongest (and simplest) technical analysis presented below are trend lines. This...
by Lara | May 29, 2015 | US Oil, US Oil Historical |
US Oil did not continue higher towards the target which was at 64.39. It has turned lower. Summary: Upwards movement looks to be over. I am waiting now for trend channel confirmation of a trend change. When that comes I will have some confidence that primary wave 4 is...
by Lara | May 20, 2015 | US Oil |
Chart only today. To see a thorough analysis go here. Summary: The small fourth wave continued sideways as a double flat. The target is slightly recalculated to 64.39. Click charts to enlarge. At 64.39 minuette wave v would reach 0.618 the length of minute wave...
by Lara | Apr 29, 2015 | US Oil, US Oil Historical |
While Gold may be in a consolidation phase and difficult to analyse, US Oil has been behaving exactly as expected. Summary: The corrective structure is now clearer. The higher target zone of 59.07 – 61.57 is almost reached. The structure is incomplete. The...
by Lara | Apr 16, 2015 | Silver, Silver Historical |
In line with Gold analysis, I have a bull and a bear wave count for Silver. Price will tell us which one is correct, but before that happens structure and volume will indicate which is more likely. Click charts to enlarge. Bull Wave Count If cycle wave a is over and...
by Lara | Mar 19, 2015 | US Oil, US Oil Historical |
A big fourth wave correction is unfolding as expected from last Elliott wave analysis. Now there there is more structure to analyse a better target may be calculated. Summary: I expect either some upwards movement to end 59.07 – 61.57 to be reached in about six...
by Lara | Feb 20, 2015 | Silver |
A new low below 17.322 and then 17.201 has invalidated both my alternate Elliott wave counts for Silver (I only published one). This leaves just one Elliott wave count now for Silver. Click chart to enlarge. Minor wave 1 has a good fit. There is perfect alternation...
by Lara | Feb 10, 2015 | US Oil, US Oil Historical |
It looks like the third wave is finally over at 43.58, just $0.85 below the final target calculated at 44.43. Summary: I expect choppy overlapping movement for about 28 to 34 weeks in total (another 26 to 32 weeks following the date of this analysis) for a sideways...
by Lara | Jan 29, 2015 | Silver
Silver does not answer the question: will the breakout for Gold, GDX and Silver be upwards or downwards? Click chart to enlarge. Minor wave 1 has the best fit. Minor wave 2 is here seen as a double zigzag. The structure is incomplete. A new high above 18.486 would not...
