by Lara | Apr 20, 2017 | Silver |
Last week expected a small consolidation short term, which is what has happened. Summary: So far, from the low on the 15th of March, price has made a series of higher highs and higher lows at the daily chart level. If the Elliott wave analysis is correct, then the...
by Lara | Apr 19, 2017 | Public Analysis, US Oil |
A break below the small best fit channel on the daily chart indicated a trend change for US Oil. Members were then advised to enter a short position. Short positions are now positive. Summary: The target is at least a new low below 47.06; it should be comfortably...
by Lara | Apr 18, 2017 | Gold |
Yesterday’s analysis expected another shallow correction to continue sideways. This is mostly what has happened. Price bounced up almost exactly at the lower edge of the channel on the hourly chart, where support was expected as fairly likely. Summary: The...
by Lara | Apr 14, 2017 | Silver
On Balance Volume gave a signal early in the week that a deeper pullback may unfold. Price found support at the Fibonacci 55 day moving average before turning upwards. Summary: Silver is looking more bullish for the mid term, but short term look for some small...
by Lara | Apr 12, 2017 | US Oil |
Again, last week expected downwards movement from US Oil but price continues higher. The main Elliott wave count was invalidated leaving only one wave count now, which was last week’s alternate. Summary: Use the small best fit channel on the daily Elliott wave...
by Lara | Apr 11, 2017 | Gold, Gold Historical |
A classic upwards breakout has unfolded as expected. In last analysis members were advised to enter a hedge or just enter long. With stops for long positions just below 1,240.24 or 1,221 (depending on trading strategy), members should now have profitable long...
by Lara | Apr 5, 2017 | Silver
A pullback was expected for Silver. Price continued higher with a small sideways movement during the week. Summary: Watch On Balance Volume carefully for a signal. Silver may have completed a small consolidation; it may not show a deeper pullback now. Silver is in an...
by Lara | Apr 4, 2017 | US Oil |
Price has moved higher over the last few days. Summary: Upwards movement looks like a counter trend movement and it looks reasonably likely to end here or very soon indeed. If members choose to enter short positions, stops should technically be set just above 55.03....
by Lara | Mar 30, 2017 | Silver
Last week expected a pullback to begin for Silver either at the high for the 23rd of March, or very soon. This is not what has happened. Price has continued to move higher. Summary: Identifying when a pullback is going to begin for Silver has proven to be very...
