by Lara | May 19, 2016 | Silver |
Last week’s analysis expected upwards movement, which is not what happened. Summary: A correction is incomplete. More downwards movement to 16.297 is expected to complete it. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | May 12, 2016 | Silver
A correction was expected for Silver, which is so far what has happened over the last week. Summary: A correction may be over for Silver. A strong upwards movement may be ahead. A short term target is at 22.09. A longer term target is now at 25.63. New updates to this...
by Lara | May 5, 2016 | Silver
The downwards movement expected for Silver did not happen. Summary: Silver looks overbought and due for a correction. It may find support about 16.70. The larger trend remains up. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | Apr 28, 2016 | Silver
More downwards movement was expected for Silver. Price has moved lower but not as much as expected. Summary: On balance, the expectation is for Silver to move a little lower for at least a few days. However, the picture is somewhat unclear. If a new high above 17.72...
by Lara | Apr 22, 2016 | Silver |
Again, the main Elliott wave count expected downwards movement which is not what happened. A new high above 17.483 indicated more upwards movement instead. The target at that stage was 18.928. So far price has reached up to 17.72. Summary: A blowoff top today...
by Lara | Apr 14, 2016 | Silver
Downwards movement was expected. This is not what happened. The Elliott wave count was invalidated by upwards movement above 15.514. Summary: Upwards movement is most likely over. A new low below 14.781 would confirm the main wave count and more downwards movement to...
by Lara | Apr 7, 2016 | Silver |
Price moved slightly higher and then turned down exactly as the main Elliott wave count expected. The alternate Elliott wave count is invalidated. Summary: Overall downwards movement may end in a few days at about 14.514. When this second wave correction is complete,...
by Lara | Mar 31, 2016 | Silver
Last week both Elliott wave counts expected at least a little downwards movement. This is what happened. Summary: A little upwards movement should unfold short term. A new high above 16.132 would invalidate the main wave count and confirm the alternate. If that...
by Lara | Mar 23, 2016 | Silver
Last week’s analysis again expected upwards movement. This is how the week began, but today price has moved strongly lower retracing the gains of the last five days. Summary: A larger second wave correction has most likely arrived. It may last a few weeks and...
