Select Page

SILVER Elliott Wave Technical Analysis – 24th February, 2016

Last week expected a correction to end soon. The correction has continued for the entire week. Summary: The trend is up. Silver should end a correction very soon, a further four daily candlesticks at the most. With the Elliott channel breached, a simple trend line is...

SILVER Elliott Wave Technical Analysis – 17th February, 2016

Last week’s analysis expected downwards movement for Silver for a correction. This is what has happened over the last few days. Summary: The trend is up. Silver may end a correction soon. If Silver finds support at the lower trend line on the daily chart, then...

SILVER Elliott Wave Technical Analysis – 3rd February, 2016

Last week’s Silver analysis expected some upwards movement. Again, this is exactly what has happened. Summary: Price should move lower from here. The main wave count expects to see a new low below 13.569, so the alternate would be invalidated below this point....

SILVER Elliott Wave Technical Analysis – 27th January, 2016

Last week’s Silver analysis expected more sideways movement, which is again exactly what has happened. Summary: The correction is closer to completion. Volume from StockCharts indicates the breakout is more likely to be upwards, which favours the alternate wave...