by Lara | May 26, 2015 | US Oil, US Oil Historical |
US Oil continues to behave as expected. Summary: Upwards movement is very close to completion. The target is at 64.39. Click chart to enlarge. This wave count sees US Oil as within a big super cycle wave (II) zigzag. Cycle wave c is highly likely to move at least...
by Lara | May 25, 2015 | Gold |
The main bull and bear Elliott wave counts expected a little downwards movement. Price has drifted sideways in a narrow range. Summary: A small B wave is most likely continuing sideways as a double combination. The target for it to end is 1,215. Thereafter, both main...
by Lara | May 25, 2015 | NZDUSD
My Elliott wave and traditional TA analysis of NZDUSD: Elliott Wave Analysis Today I am waiting to see if price can break through support at the black trend line. Trend Line Analysis Technical Analysis Although ADX is below 15 indicating no clear trend, the EW picture...
by Lara | May 20, 2015 | Gold |
Although a small green candlestick is completing for Wednesday’s session, choppy sideways movement was not what was expected from the Elliott wave count. I had expected upwards movement. Summary: The main bull wave count now requires sideways movement to...
by Lara | May 20, 2015 | US Oil |
Chart only today. To see a thorough analysis go here. Summary: The small fourth wave continued sideways as a double flat. The target is slightly recalculated to 64.39. Click charts to enlarge. At 64.39 minuette wave v would reach 0.618 the length of minute wave...
by Lara | May 19, 2015 | Gold |
Yesterday’s Elliott wave analysis had three hourly wave counts for three different structures for this small fourth wave correction. The triangle was invalidated below 1,211.11 and the combination never produced a B wave which was 90% or more of its A wave. This...
by Lara | May 18, 2015 | Gold |
A small green doji candlestick fits for a fourth wave correction. In the mid term, the degree for this correction can now be known. Summary: Gold is currently in a small fourth wave correction against the trend. Both bull and bear wave counts expect sideways movement...
by Lara | May 13, 2015 | Gold |
Upwards movement for a fifth wave to a short term target at 1,199 was expected. Price moved higher, but has reached well above the target. Summary: I will choose to publish one bull and one bear wave count today for serious consideration. These are the best of several...
by Lara | May 11, 2015 | Gold |
Both bull and bear Elliott wave counts remain valid. Price has not yet told us which one is correct. I am concerned that volume is lower for Monday’s down day. Summary: In the short term, both wave counts expect downwards movement from here. The short term...
