by Lara | Feb 8, 2019 | US Oil
Some downwards movement was expected for this week. After a very slight new high on Monday, this is how the week unfolded. Summary: A little downwards movement may continue next week to complete wave B about 50.91 to 50.82. Thereafter, the upwards bounce should...
by Lara | Feb 2, 2019 | US Oil |
For the short term, sideways movement was expected to continue for this week. An outside week mostly fits this expectation. Summary: A little downwards movement may begin next week to complete wave B about 50.82 to 50.52. Thereafter, the upwards bounce should continue...
by Lara | Jan 25, 2019 | US Oil |
About a target at 55.02 to 55.56 a pullback or sideways consolidation was expected this week. Price moved slightly higher to 54.32, falling 0.70 short of the target, and then has moved mostly sideways for the week. Summary: The final target for the bounce to end is...
by Lara | Jan 24, 2019 | Gold |
A small range day remains within a consolidation zone. The breakout is still expected to be in the same direction. Summary: The first target for upwards movement to end is now at 1,300, which may be met within a very few days. If price keeps rising through the first...
by Lara | Jan 19, 2019 | US Oil
For this last week a bounce was expected to continue. This is exactly what has happened. The final target remains the same and has not yet been met. Summary: A bounce is expected to continue. A short-term target is at 55.02 to 55.56. At this target a pullback or...
by Lara | Jan 11, 2019 | US Oil
A bounce or sideways correction was expected to continue for the last week. An upwards week exactly fits this expectation. The target remains the same. Summary: A bounce is expected to continue. The target is about 63.71. The larger picture still sees Oil in a new...
by Lara | Jan 4, 2019 | US Oil |
Last week’s end of week US Oil analysis expected a bounce or sideways consolidation had begun. An upwards week this week fits this expectation perfectly. Summary: A bounce or sideways consolidation for a few weeks is now expected to continue. The target is about...
by Lara | Dec 28, 2018 | US Oil |
Last end of week analysis for US Oil expected more downwards movement towards a target at 42.10. Downwards movement continued to 42.37, just 0.27 short of the Elliott wave target. Summary: A bounce or sideways consolidation for a few weeks is now expected. The target...
by Lara | Dec 21, 2018 | Gold |
A small inside day for Friday leaves the Elliott wave count unchanged. The target remains the same. Summary: The next target is 1,295. Look out for a possible further increase in upwards momentum towards this target. A relatively small blow off top may occur in coming...
