by Lara | Mar 26, 2014 | US Oil |
Last analysis looked for the arrival of a second wave correction. The correction was indicated when the channel on the hourly chart was breached. The correction is most likely incomplete. I am now expecting price to move higher to a short term target at 101.76 to...
by Lara | Mar 20, 2014 | Gold |
Downwards movement again has continued as expected. We now have a clear breach of the pink channel on the daily chart providing final confirmation of a trend change at minor degree. Summary: I have full confidence in a trend change. I expect overall downwards movement...
by Lara | Mar 18, 2014 | US Oil, US Oil Historical |
Last analysis on 26th February expected more upwards movement towards a target at 105.80 to 107.63. Price moved up to 105.21 where it turned. In the short term I am looking for a second wave correction to show soon, and its arrival will be confirmed with a breach of...
by Lara | Mar 17, 2014 | Gold |
Monday began with a little more upwards movement before price turned lower to complete a red candlestick. Summary: Upwards movement may be over for now. I have a little confidence in a trend change today due to the clear red candlestick on the daily chart. However,...
by Lara | Mar 14, 2014 | Gold
Upwards movement continued as expected. The target of 1,387 to 1,390 has been met at 1,388.10. I have a main and an alternate hourly wave count for you today. Summary: Upwards movement may be over for now. This trend change requires confirmation. We need to see a...
by Lara | Mar 12, 2014 | Silver, Silver Historical |
A fourth wave correction has ended as expected, slightly below the target. A final fifth wave up has begun which should unfold over the next few days. Click on charts to enlarge. The new downwards trend from the all time high at 49.825 subdivides so far as an...
by Lara | Mar 8, 2014 | GDX |
The data for this market has many gaps, and the structures are not entirely typical looking Elliott wave structures. Although there are some Fibonacci ratios, they are not as prevalent as ratios within Gold. I am only able to import daily data, and I cannot check...
by Lara | Mar 6, 2014 | Silver |
Last analysis expected a three wave movement upwards for an X wave which is exactly what happened. The structure of the current correction is incomplete. I would expect overall another six days minimum of choppy overlapping movement. Click on charts to enlarge. Minute...
by Lara | Mar 5, 2014 | Gold |
Price has moved very slightly higher in a mostly sideways day. Both wave counts remain valid and both remain the same. Summary: The situation is unclear. While price remains within the green channel on the daily chart we should assume that the trend remains the same,...
