by Lara | Jan 16, 2018 | Gold |
Price has moved lower as the main wave count has expected, but it has still not broken out of the channel nor passed the confidence point. Alternates are still considered. Summary: The main wave count expects a trend change to a new bear market to last one to several...
by Lara | Jan 11, 2018 | Gold |
Sideways movement was expected. An inside day for Thursday fits with this expectation. Summary: Look now for price to move either lower for a pullback or sideways for a multi week consolidation that may last about 8 to 12 weeks. If this expectation for duration is...
by Lara | Jan 10, 2018 | Gold |
Price has behaved exactly as yesterday’s first hourly chart expected. A consolidation looks to have arrived. Summary: Look now for price to move either lower for a pullback or sideways for a multi week consolidation that may last about 8 to 12 weeks. If this...
by Lara | Dec 16, 2017 | Gold |
A target for another day or so was 1,264. Price moved higher to reach 1,261.40 before turning down. Summary: A multi day bounce for minor wave 2 has arrived. The target for minor wave 2 is still 1,268, which may be met in another two or five days. Short positions...
by Lara | Dec 15, 2017 | Silver
The target for downwards movement to end was at 15.262. Price reached 15.525 and has turned there, 0.263 short of the target. Summary: Look for upwards movement now for about one to four weeks. The target is at 17.132. Always trade with stops and invest only 1-5% of...
by Lara | Nov 21, 2017 | AMZN, Education, Public Analysis
Unlike Google, Amazon does not have a neat a trend line. Click chart to enlarge. The solid yellow trend line is Amazon’s equivalent to the Google Forever trend line. The bottom line is that we should assume that Amazon remains in a bull market while price...
by Lara | Nov 18, 2017 | Gold |
All three hourly Elliott wave counts expected upwards movement, which is what happened on Friday. Summary: Price may continue to move sideways in an ever decreasing range for another one to three weeks. An upwards swing may continue here to end about resistance at...
by Lara | Oct 31, 2017 | Education, GOOG, Public Analysis |
In keeping with the KISS principle, this trend line is very simple. I call it “Google’s Forever Trend Line”. Click chart to enlarge. This trend line has very strong technical significance. It is very long held and has been tested multiple times. It...
by Lara | Aug 3, 2017 | Education, Gold, Public Analysis |
For those who want to hone their Elliott wave knowledge, have a go at spotting my deliberate mistakes: Click chart to enlarge. This one is easy (at least, I think it is and I’ve really tried to make it easy). There is one mistake in the triangle (just one!) and...
