by Lara | Jun 9, 2016 | Silver, Silver Historical |
A trend change was confirmed first with a channel breach and then with a new high above 16.554. Summary: A third wave up may be underway. Within this structure, a first wave may be either complete or very close to completing. A second wave correction should offer an...
by Lara | Jun 7, 2016 | US Oil |
The channel is breached. So far price has not made a new high after the breach. Summary: Downwards movement looks most likely from here for several weeks. The target range is 26.06 to 16.88. New updates to this analysis are in bold MONTHLY ELLIOTT WAVE COUNT Click...
by Lara | Jun 2, 2016 | Silver |
Last week’s analysis expected more downwards movement towards a target at 15.933 or 15.113. Downwards movement continued and so far has reached 15.818. Summary: The structure may now be complete but a trend change is unconfirmed. Assume the trend remains down,...
by Lara | May 30, 2016 | US Oil
Price continues higher and remains within the channel as the main Elliott wave count expected. The target remains the same. Summary: Expect more upwards movement while price remains within the blue channel on the daily chart. The target remains at 55.83. When the...
by Lara | May 26, 2016 | Silver
Last week’s analysis expected more downwards movement towards a target at 16.297. Price has reached 16.181. Summary: The structure is incomplete. More downwards movement is expected. The first wave count target is at 15.933. The second wave count target is at...
by Lara | May 25, 2016 | Gold |
Price continued lower, which is what the wave count expected while price remained within the channel. Summary: A fourth wave correction looks like it may begin here and may last one to three days. The target is at 1,244. The trend at this stage is down and the final...
by Lara | May 24, 2016 | Gold |
Downwards movement was expected as most likely for yesterday’s main Elliott wave count. Summary: The wave count now expects more downwards movement. Along the way down there should be two fourth wave corrections which should show up on the daily chart. A breach...
by Lara | May 24, 2016 | US Oil
Upwards movement was expected but price has moved sideways in a small range. The target remains the same. Summary: Expect more upwards movement while price remains within the blue channel on the daily chart. The target remains at 55.83. When the channel is breached,...
by Lara | May 21, 2016 | Gold |
The main Elliott wave count expected upwards movement for Friday’s session. Price moved sideways in a small range. Summary: At the end of the week the situation is unclear. Classic technical analysis at the weekly chart level this week favours the alternate...
