by Lara | Dec 24, 2016 | Silver |
Silver has moved lower on light and declining volume since last analysis three days ago. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, a very bullish hammer candlestick may indicate a trend change. New updates to this...
by Lara | Dec 24, 2016 | US Oil |
Upwards movement is continuing as expected. Summary: The target for upwards movement to end is still about 58.05. Use the yellow trend channel on the daily chart; when a full daily candlestick prints below the lower edge and without touching it, then expect Oil has...
by Lara | Dec 21, 2016 | Silver |
Price has moved lower as the main Elliott wave count expected, but only slightly. The confirmation / invalidation point remains the same. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, today a very bullish hammer...
by Lara | Dec 20, 2016 | US Oil |
Another small consolidation unfolded as expected finding support at the trend line on the daily Elliott wave chart. Thereafter, upwards movement has continued as expected. Summary: The target for upwards movement to end is still about 58.05. Another small...
by Lara | Dec 15, 2016 | Silver
A new low below 16.652 confirmed a more bearish second alternate Elliott wave count and invalidated the first two Elliott wave counts. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. New updates to this analysis are in bold. To see...
by Lara | Dec 14, 2016 | US Oil |
Upwards movement has continued as expected from last Elliott wave analysis. The small consolidation also unfolded as expected and remained above the invalidation point at 46.57. Summary: The target for upwards movement to end is still about 58.05. Another small...
by Lara | Dec 8, 2016 | Gold |
Sideways movement was expected. In the short term, some downwards movement within a consolidation was expected for the session, and this is what has happened. Summary: At this stage, it looks more likely that Gold is within a sideways consolidation that may last a...
by Lara | Dec 8, 2016 | Silver
Upwards movement continues so far as expected for Silver. Summary: A new high above 18.979 would invalidate the alternate Elliott wave count and confirm a trend change for Silver. It will remain possible that Silver is still in a bear market while price remains below...
by Lara | Dec 7, 2016 | Gold |
Price has moved higher to complete a green daily candlestick, as expected for the main Elliott wave count, but so far it is concerning that volume has not supported this movement. Summary: At this stage, it looks more likely that Gold has just begun a sideways...
