by Lara | Jun 2, 2015 | Gold |
Upwards movement was expected for both the bull and main bear Elliott wave counts. Summary: Both bull and bear wave counts still expect upwards movement to continue for a few days. The bull wave count has a minimum requirement at 1,232.49 and a maximum at 1,242.91....
by Lara | Jun 1, 2015 | Gold |
Upwards movement was expected and is enough to provide full confirmation of the two main Elliott wave counts, which still do not diverge at this stage. Summary: Both bull and bear wave counts still expect upwards movement to continue for a few days. The bull wave...
by Lara | May 29, 2015 | Gold |
Upwards movement was expected. The main Elliott wave counts remain the same, and a new bearish alternate will be added to daily analysis. Summary: Both bull and bear wave counts still expect upwards movement for a few days. The bull wave count has a minimum...
by Lara | May 29, 2015 | Gold |
I have spent some time looking for an alternate bull and / or bear count which could see movement below the invalidation points on the main wave counts. Summary: I cannot yet see an alternate bull wave count which would allow for more downwards movement from here. I...
by Lara | May 29, 2015 | US Oil, US Oil Historical |
US Oil did not continue higher towards the target which was at 64.39. It has turned lower. Summary: Upwards movement looks to be over. I am waiting now for trend channel confirmation of a trend change. When that comes I will have some confidence that primary wave 4 is...
by Lara | May 28, 2015 | Gold |
A little more downwards movement was still allowed for. The invalidation points are now extremely close by, but still not breached. Summary: Both bull and bear wave counts still expect upwards movement for a few days. The bull wave count has a minimum requirement at...
by Lara | May 27, 2015 | Gold |
A little downwards movement was allowed for. Price remains within the channel and above the invalidation points which are very close by. Summary: Both bull and bear wave counts now expect upwards movement for a few days. The bull wave count has a minimum requirement...
by Lara | May 26, 2015 | Gold |
Some upwards movement to 1,215 was expected before this strong downwards movement. That did not happen. Summary: For both bull and bear wave counts this downwards movement is either over already or very close to it. There is very little room left for it to move; the...
by Lara | May 26, 2015 | US Oil, US Oil Historical |
US Oil continues to behave as expected. Summary: Upwards movement is very close to completion. The target is at 64.39. Click chart to enlarge. This wave count sees US Oil as within a big super cycle wave (II) zigzag. Cycle wave c is highly likely to move at least...