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...
by Lara | Nov 10, 2016 | Silver
Last week expected an upwards trend was in place. Price continues higher as expected. Summary: An upwards trend is in place. The target is either 24.602 or 23.093. The invalidation point is 17.763. In the short term, a small consolidation may unfold sideways and lower...
by Lara | Nov 3, 2016 | Silver
Price has broken out of a small consolidation upwards, not downwards. The wave count is changed. Summary: An upwards trend is in place. The target is either 24.61 or 23.093. The invalidation point is 17.863. New updates to this analysis are in bold. To see how this...
by Lara | Oct 28, 2016 | Silver |
Again, a downwards breakout from a consolidation was expected and has not yet happened. Price continues sideways within a small range finding support right at the trend line on the daily chart. Summary: A downwards breakout is still expected from a small...
by Lara | Oct 20, 2016 | Silver |
Last Elliott wave analysis expected downwards movement for both wave counts. This is not what happened. Price has moved slowly higher over the week. Summary: A downwards breakout is expected from a small consolidation. The Elliott wave target is at 16.410 and the...
by Lara | Oct 13, 2016 | Silver |
More downwards movement was expected for the short term for Silver. So far Silver has moved slightly lower. Summary: A strong bearish signal from On Balance Volume this week at the weekly chart level supports the first alternate Elliott wave count, which expects...
by Lara | Oct 6, 2016 | Silver |
Upwards movement from Silver was expected. Price broke below the trend line and then breached the invalidation point. Summary: In the short term, expect more downwards movement from Silver as most likely. A new low below 16.132 would indicate a deeper sustained...
by Lara | Sep 28, 2016 | Silver |
Last week expected upwards movement for Silver. Price has turned downwards but remains above the invalidation point. Summary: This market may be offering a low risk high reward opportunity to join the upwards trend. Price has again come down to find support right at...
