by Lara | Feb 2, 2017 | Gold |
Two hourly Elliott wave counts look at two possible scenarios for the next session. Summary: The target for this next wave down to end is at 1,164 – 1,160. First, a breach of the Elliott channel on the hourly charts is required for any confidence in a high. A...
by Lara | Feb 2, 2017 | Silver |
An important trend line has been breached. Summary: It looks like the correction for Silver may have been surprisingly brief and shallow. The target for upwards movement is at 18.33. If price breaks below 16.651, then a deeper pullback to 16.260 should be expected....
by Lara | Feb 2, 2017 | EEM, Public Analysis
In response to a member’s request here is an analysis of EEM. This market may not have sufficient volume for a reliable Elliott wave analysis. For that reason classic technical analysis is presented first and should be given more weight. The Elliott wave...
by Lara | Jan 31, 2017 | Public Analysis, US Oil |
Price has moved sideways for the week. A new Elliott wave count fits sideways movement. Summary: A new high above 55.24 would indicate an upwards breakout, and the target would be 55.60. A new low below 50.91 would indicate a downwards breakout, and the target would...
by Lara | Jan 30, 2017 | Gold |
Upwards movement was expected for Monday’s session. The target on the hourly Elliott wave count is not yet met, so the analysis today will focus on whether or not this bounce is complete. Summary: It looks more likely that the bounce is complete today and a...
by Lara | Jan 26, 2017 | Gold |
Downwards movement continued exactly as expected for Gold. The Elliott wave count remains the same. The hourly wave count will be watched carefully to manage short positions. Summary: A deeper pullback has most likely begun. Short positions should be watched carefully...
by Lara | Jan 26, 2017 | Public Analysis, Silver
Last analysis expected that a correction had begun for Silver. Price has moved lower for the week as expected, finding strong resistance so far at the upper trend line. Summary: A deep correction may have begun now for Silver. The target is 16.26, but not below...
by Lara | Jan 25, 2017 | EURUSD, Public Analysis
Last analysis of this pair was in July 2016. That analysis expected lower movement, which did happen in the long term, but the high was not seen until a few weeks later in August. ELLIOTT WAVE ANALYSIS MONTHLY CHART Click chart to enlarge. The bigger picture expects...
by Lara | Jan 23, 2017 | US Oil |
Price has moved slightly higher for the week with a slightly higher high and a slightly higher low from the prior week. 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...
