by Lara | Nov 6, 2014 | Silver, Silver Historical
Summary: I am expecting a sideways consolidation for two to four days before a resumption of the downwards trend. Click on charts to enlarge. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an impulse if the movement which I have...
by Lara | Nov 2, 2014 | Silver |
Downwards movement was expected, but the target at 16.673 was inadequate. Price has reached 0.967 below the target to 15.706. I expect upwards movement from here to complete minor wave 2, to maybe last a Fibonacci 13 or 21 sessions. Click on charts to enlarge. Minor...
by Lara | Oct 24, 2014 | Silver
Sideways movement has confirmed an end to minor wave 1. Click on charts to enlarge. At this stage it looks like minor wave 2 may be a shallow correction, maybe only reaching up to the 0.382 Fibonacci ratio of minor wave 1 at 18.408. Second waves are most commonly deep...
by Lara | Oct 9, 2014 | Silver
Downwards movement continued a little lower for a fifth wave. I expect now that minor wave 1 is over and minor wave 2 has just begun four days ago. Click on charts to enlarge. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an...
by Lara | Sep 30, 2014 | Silver, Silver Historical |
Downwards movement continued as expected for Silver. I do not think minor wave 1 is over yet though; we should see a final fifth wave down to complete it. Thereafter, I would expect an upwards correction for minor wave 2. Click on charts to enlarge. Downwards movement...
by Lara | Sep 24, 2014 | Silver |
I had expected 18.335 to be met by 19th September, but price target was too high. Price made a low at 17.347 on 22nd September, and I expect that a second wave correction began there for Silver. Click on charts to enlarge. Downwards movement subdivides so far as an...
by Lara | Sep 14, 2014 | Silver, Silver Historical |
At this stage I expect Silver should end this first wave down next week. The short term target is 18.335. Thereafter, a second wave correction should unfold which may be very deep. Click on charts to enlarge. Downwards movement subdivides so far as an incomplete...
by Lara | Sep 3, 2014 | Silver, Silver Historical
Last Elliott wave analysis for Silver (and GDX) expected the trend was down. It turns out this was correct, as it has been confirmed for Gold today. Although the alternate wave count for Silver is not technically invalidated, I expect it should be within another...
by Lara | Aug 19, 2014 | Silver, Silver Historical |
Last Elliott wave analysis for Silver expected to see some upwards movement for a second wave correction, but this is not what happened. The first wave moved lower. I expect now that we shall see downwards movement towards 18.802 to complete a third wave. Notice that...