by Lara | Sep 28, 2016 | US Oil |
Last week’s classic technical analysis diverged from the Elliott wave count. Price has moved mostly sideways. Summary: This week both Elliott wave counts expect downwards movement for the next week, and volume supports this view. New updates to this analysis are...
by Lara | Sep 23, 2016 | Silver |
Last week expected upwards movement for Silver. This is what happened. Summary: An upwards trend is in place. The target is at 25.63 to 26.87. Use the new trend channel. If price comes up to touch the upper edge, then look for signals of exhaustion to exit long...
by Lara | Sep 21, 2016 | US Oil |
Last week’s analysis expected overall downwards movement. Since last analysis Oil has made a lower low. Summary: Classic technical analysis this week expects upwards movement from here, and both Elliott wave counts expect downwards movement. If price breaks...
by Lara | Sep 15, 2016 | Silver
Last week expected upwards movement for Silver. This is not what happened. Downwards movement remained above the invalidation point. Summary: Upwards movement should continue. The target is 25.63 to 26.87. Volume remains mostly bullish. On Balance Volume may be giving...
by Lara | Sep 13, 2016 | US Oil |
Both Elliott wave counts expect Oil to move in the same direction next. Summary: Both wave counts expect downwards movement for the next week to a minimum at 40.18. Thereafter the wave counts diverge. New updates to this analysis are in bold. MONTHLY ELLIOTT WAVE...
by Lara | Sep 13, 2016 | Gold |
Upwards movement was expected for Tuesday’s session but did not happen. Price moved lower but remains above the invalidation point. Summary: Price should turn upwards as an upwards trend develops. Range and volatility are expected to increase. The long term...
by Lara | Sep 12, 2016 | Gold |
A little more downwards movement was expected for Monday to a small target zone at 1,319 – 1,322. The low for Monday is at 1,320.94, right in the target zone. Summary: Price should turn upwards as an upwards trend develops. Range and volatility are expected to...
by Lara | Sep 10, 2016 | Gold |
More downwards movement was expected to 1,333 – 1,330. Friday’s low was 1,327.67. Summary: A little downwards movement to a short term target at 1,319 – 1,322 may begin for Monday. Thereafter, price should turn upwards as an upwards trend develops....
by Lara | Sep 8, 2016 | Gold |
A little downwards movement was expected to end about 1,338. Price has moved lower to reach 1,335.89 so far. Summary: Look out now for surprises to the upside. In the short term, a little more downwards movement to 1,333 – 1,330 is expected before price turns up...