by Lara | Nov 10, 2016 | Silver
Last week expected an upwards trend was in place. Price continues higher as expected. Summary: An upwards trend is in place. The target is either 24.602 or 23.093. The invalidation point is 17.763. In the short term, a small consolidation may unfold sideways and lower...
by Lara | Nov 8, 2016 | US Oil |
Again, downwards movement continues as expected. The target and minimum requirement remain the same based on Elliott wave structure. Summary: The target for the next wave down is at 19.28. Downwards movement is supported by volume. In the short term, oversold...
by Lara | Nov 3, 2016 | Silver
Price has broken out of a small consolidation upwards, not downwards. The wave count is changed. Summary: An upwards trend is in place. The target is either 24.61 or 23.093. The invalidation point is 17.863. New updates to this analysis are in bold. To see how this...
by Lara | Nov 1, 2016 | US Oil |
Last week the US Oil Elliott wave and classic technical analyses were in agreement that there had been a trend change for Oil. Downwards movement was expected. This is what happened. Summary: The target for the next wave down is at 19.28. Downwards movement is...
by Lara | Oct 28, 2016 | Silver |
Again, a downwards breakout from a consolidation was expected and has not yet happened. Price continues sideways within a small range finding support right at the trend line on the daily chart. Summary: A downwards breakout is still expected from a small...
by Lara | Oct 26, 2016 | Gold |
A little upwards movement to 1,281 – 1,283 was expected before price turned downwards. Price did move downwards, but no new high was made first. Summary: It is concerning for the bear wave count today that volume does not support this downwards day. While the...
by Lara | Oct 25, 2016 | US Oil |
Last analysis was down to only one Elliott wave count as the structure became clearer. A short term target for a little more upwards movement was at 53.30. Price has reached so far up to 51.93. Summary: A trend change may have occurred for Oil four days ago. The...
by Lara | Oct 22, 2016 | Gold |
Both Elliott wave counts remain viable. Classic technical analysis continues to support the main Elliott wave count. Summary: A new low below 1,258.38 would confirm the main wave count. The target is at 1,227. If this target is wrong, it may not be low enough. It is...
by Lara | Oct 20, 2016 | Silver |
Last Elliott wave analysis expected downwards movement for both wave counts. This is not what happened. Price has moved slowly higher over the week. Summary: A downwards breakout is expected from a small consolidation. The Elliott wave target is at 16.410 and the...
