by Lara | Sep 18, 2014 | US Oil |
Price continued lower as expected, a little. The target of this third wave to end was 85.88. It has likely ended at 90.43, $4.55 short of the target. Summary: In the short term I expect a final fifth wave down to complete minor wave 1. The target is 84.65 which may be...
by Lara | Aug 27, 2014 | US Oil |
Price continued lower, but this is not what was expected from last Elliott wave analysis. I had expected to see a second wave correction. Summary: The target remains at 74.53. This target may be 13 weeks away. Click on charts to enlarge. The structure of minor wave 1...
by Lara | Aug 25, 2014 | Gold
The (B)-(D) trend line of the primary wave 4 triangle continues to provide strong support. The main Elliott wave count still has a higher probability. Summary: The breakout is most likely to be upwards when price breaks out of this sideways move it has been in for two...
by Lara | Aug 12, 2014 | US Oil, US Oil Historical |
Downwards movement has continued as expected. The wave count remains the same. Summary: The target remains at 74.53. This target may be 13 weeks away. Click on charts to enlarge. Upwards movement has hit the upper teal trend line. Since price bounced down from that...
by Lara | Aug 5, 2014 | Silver |
Last Elliott wave analysis expected more downwards movement from Silver. Price has moved lower as expected. Click on charts to enlarge. Main Wave Count. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an impulse if the movement...
by Lara | Jul 16, 2014 | US Oil, US Oil Historical |
Movement below 104.51 confirmed the main wave count and invalidated the alternate wave count. The trend is down at cycle degree. Summary: The target remains at 74.53 and this target may be still a few weeks away. A short term target is at 98.90 and may be met in about...
by Lara | Jun 20, 2014 | US Oil, US Oil Historical |
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 105.21 invalidated the daily wave count. Summary: An important trend line has been touched. I expect downwards movement from this point. The long...
by Lara | Jun 10, 2014 | US Oil, US Oil Historical |
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 104.49 invalidated the daily wave count. I have a new wave count. A variation of prior analysis is an alternate wave count. Summary: Price should...
by Lara | Jun 7, 2014 | Gold
Sideways movement completed a red doji candlestick for Friday’s session. The prior day’s high at 1,258.38 remains intact for now and the wave count remains the same. Summary: A third wave down has most likely begun. The target is 1,206. Movement below...
