by Lara | Dec 24, 2016 | Silver |
Silver has moved lower on light and declining volume since last analysis three days ago. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, a very bullish hammer candlestick may indicate a trend change. New updates to this...
by Lara | Dec 21, 2016 | Silver |
Price has moved lower as the main Elliott wave count expected, but only slightly. The confirmation / invalidation point remains the same. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, today a very bullish hammer...
by Lara | Dec 15, 2016 | Silver
A new low below 16.652 confirmed a more bearish second alternate Elliott wave count and invalidated the first two Elliott wave counts. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. New updates to this analysis are in bold. To see...
by Lara | Dec 9, 2016 | Reference |
The other alternate idea of a leading expanding diagonal published up to yesterday will be discarded based upon a very low probability. Click chart to enlarge. An analysis back to 1997 of the daily chart of first waves and A waves at minor degree* and above reveals 23...
by Lara | Dec 8, 2016 | Silver
Upwards movement continues so far as expected for Silver. Summary: A new high above 18.979 would invalidate the alternate Elliott wave count and confirm a trend change for Silver. It will remain possible that Silver is still in a bear market while price remains below...
by Lara | Dec 5, 2016 | Gold |
Price whipsawed and crossed both invalidation points for the first two hourly charts. Summary: It looks like Gold is finding a low. Confidence in a trend change would come with a new high above 1,232.48. Double divergence now with RSI strongly indicates a low here or...
by Lara | Dec 2, 2016 | Silver
Upwards movement was expected for Silver. Price has mostly moved sideways. Summary: A new high above 18.979 would invalidate the alternate Elliott wave count and confirm a trend change for Silver. It will remain possible that Silver is still in a bear market while...
by Lara | Nov 24, 2016 | Silver
Another downwards week leaves all three Elliott wave counts valid, but one looking extremely unlikely. Summary: Bears are still looking tired. Look out for a trend change for Silver. When price turns up, if it remains below 18.979, then a bear market for Silver will...
by Lara | Nov 18, 2016 | Silver
Downwards movement over the last week invalidated the Elliott wave counts. Summary: The bears are looking tired. There is a very little weakness to downwards movement, but not enough to call a low in place. It is possible that price may move lower. New updates to this...
