by Lara | Jun 28, 2015 | US Oil, US Oil Historical |
The channel about intermediate wave (C) is finally breached. Summary: I am expecting a fifth wave down. Typical of commodities, this may be swift and strong and may offer an excellent trading opportunity. I am looking for an entry point to hold a trade for weeks /...
by Lara | Jun 25, 2015 | Gold |
A channel breach on the hourly bull Elliott wave count indicated a small correction may have arrived. Summary: Friday should see a little upwards movement most likely to end about 1,188. Thereafter, another five down should begin. If it makes a new low below 1,162.80,...
by Lara | Jun 23, 2015 | Gold |
Both Elliott wave counts expected more downwards movement. Price fell 4.35 short of the short term target on the hourly bear Elliott wave count. Summary: A little upwards movement should now unfold for both bull and bear wave counts. Upwards movement for the bear wave...
by Lara | Jun 18, 2015 | Gold |
Again upwards movement was unexpected for the bear Elliott wave count, but for the bull Elliott wave count the target was met. Summary: Both bull and bear wave counts expect downwards movement from here. The bear wave count expects the middle of a third wave down to...
by Lara | Jun 16, 2015 | Gold |
Downwards movement fits the bear Elliott wave count best. I have a new bull hourly Elliott wave count today. Summary: The bear wave count expects more downwards movement to a target at 1,164 which may be met tomorrow. The new bull wave count requires upwards movement...
by Lara | Jun 12, 2015 | Gold |
A small range for Friday with a small red doji fits the bear Elliott wave count slightly better than the bull. Notice: The website will be unavailable from Saturday evening to Sunday morning EST for necessary updates. Downtime expectation of only 3-4 hours, but may be...
by Lara | Jun 9, 2015 | Gold |
There are four hourly Elliott wave counts today. Confirmation / invalidation points may be used to work with these four Elliott wave counts over the next two days, until we are left eventually with only one count. Summary: For the bull wave count: if minor wave 2 is...
by Lara | Jun 8, 2015 | US Oil, US Oil Historical |
Upwards movement was not over and a new high was made. Thereafter, price has again turned down, but is this the end of a trend or just a correction against the trend? Summary: The strongest (and simplest) technical analysis presented below are trend lines. This...
by Lara | Jun 5, 2015 | Gold |
Downwards movement was expected. The first target at 1,165 was met and exceeded by 2.2. Summary: It is more likely this downwards wave is incomplete. Confirmation would come with a new low below 1,162.80, with the target at 1,157. Alternatively, it is possible this...
