by Lara | Dec 6, 2014 | GDX |
Charts only this week. To see a full write up look at last week’s analysis here. Click charts to enlarge. Main Wave Count Still the most likely scenario. Minor wave 2 would be in proportion to minor wave 1. At 24.14 minute wave c would reach 1.618 the length of...
by Lara | Nov 30, 2014 | GDX |
Upwards movement was expected for a correction. Click charts to enlarge. The clearest piece of movement is the downwards movement from the high. This looks like either a complete five down, or an almost complete five down (if the fifth wave is incomplete). This may be...
by Lara | Nov 19, 2014 | GDX |
Movement for the last eight days fits this Elliott wave count perfectly. Click charts to enlarge. Ratios within minor wave 1 are: there is no Fibonacci ratio between minute waves i and iii, and minute wave v is 0.18 short of 2.618 the length of minute wave i. Minor...
by Lara | Nov 2, 2014 | GDX |
The target down for minor wave 1 to end was at 19.47. Price has moved well below this target, so far to 16.89, 2.58 below the target. The structure for minute wave v is incomplete. A new target for minor wave 1 downwards is at 16.26 which may be met within one or two...
by Lara | Oct 24, 2014 | GDX
I am changing the wave count at the daily chart level. I have more confidence in this wave count today. Click charts to enlarge. Sideways movement over the last week or so fits nicely as a barrier triangle. Now minute waves ii and iv are better in proportion, and the...
by Lara | Oct 9, 2014 | GDX |
As expected GDX has moved lower. The target for minute wave iii to end was 22.32 and I expected it to be met one to two weeks after last analysis. It looks like it may have ended at 22.02 one and a half weeks after last analysis. I expect a little sideways movement to...
by Lara | Sep 30, 2014 | GDX |
As expected GDX has moved lower. The target for minute wave iii to end was 22.32 and I expected it to be met one to two weeks after last analysis. It looks like it may have ended at 22.02 one and a half weeks after last analysis. I expect a little sideways movement to...
by Lara | Sep 14, 2014 | GDX
As expected GDX has moved lower. This Elliott wave count looks correct so far. We have some price confirmation with a new low below 25.59. Click charts to enlarge. The clearest piece of movement is the downwards movement from the high. This looks most like a first,...
by Lara | Aug 5, 2014 | GDX |
While the Elliott wave monthly chart looks fairly clear at this time, the Elliott wave daily chart is not. With GDX data I cannot look at subdivisions on any time frame below daily. I have one monthly wave count and three alternate ideas for the daily chart for you...
