by Lara | Jan 20, 2017 | Silver
The main Elliott wave count was confirmed when Silver made a new high above 17.220 and the alternate Elliott wave count was invalidated. There is only one Elliott wave count now left for Silver at this time. Summary: A deep correction may have begun now for Silver....
by Lara | Jan 19, 2017 | Gold |
Price moved lower and bounced up off the lower edge of the channel on the daily and hourly Elliott wave charts. This indicates the main hourly Elliott wave count remains more likely than the alternate. Summary: The bottom line is still that it must be accepted there...
by Lara | Jan 17, 2017 | Gold |
Upwards movement continued to the target on the main hourly Elliott wave count. Summary: Targets for upwards movement to end are 1,219 (about 40% likely) or 1,238 (about 60% likely). In the short term, a new low below 1,207.34 would indicate a deeper correction may be...
by Lara | Jan 17, 2017 | Natural Gas, Public Analysis |
Summary: Natural Gas is in an upwards trend. The last correction ended at support on the 9th of January. The target for upwards movement to end is about 4.304. MAIN ELLIOTT WAVE COUNT WEEKLY CHART Click chart to enlarge. This weekly wave count for Natural Gas begins...
by Lara | Jan 16, 2017 | US Oil
Price has moved overall lower as last week’s Elliott wave and technical analysis expected. Summary: Downwards movement is now expected to at least 28.61. The target is at 25.59. A new low below 49.96 would add confidence that price has turned downwards. Expect...
by Lara | Jan 12, 2017 | Gold, Public Analysis |
Upwards movement continued, falling just short of resistance about 1,210 to reach 1,207.2 for the session. The Elliott wave count remains the same, and this upwards movement has now lasted a Fibonacci 21 days. Summary: It is reasonably likely now that upwards movement...
by Lara | Jan 11, 2017 | Public Analysis, USDJPY |
An update to the last USDJPY analysis, which was done July 15, 2016. This pair has moved higher as expected. There is now structure of upwards movement to analyse. ELLIOTT WAVE ANALYSIS MONTHLY CHART Click chart to enlarge. The big picture sees a five up complete...
by Lara | Jan 11, 2017 | Silver |
Silver has moved higher with some support from volume. The Elliott wave counts are the same. Summary: Silver is most likely in a new upwards trend. This would be confirmed with a new high above 17.220. The target is at 23.131. In the short term, look out for a deep...
by Lara | Jan 9, 2017 | Public Analysis, US Oil |
The target for upwards movement to end was at 58.05. It has not been met. The Elliott wave count remains the same. Summary: Downwards movement is now expected to at least 28.61. The target is at 25.59. A new low below 49.96 would add confidence that price has turned...