by Lara | Sep 21, 2018 | US Oil
Upwards movement for the week has unfolded exactly as expected. Both Elliott wave counts at the daily chart level remain valid. The larger picture at the weekly and monthly chart level remains the same. Summary: The Elliott wave structure for intermediate wave (4)...
by Lara | Sep 14, 2018 | US Oil
On Balance Volume gives a weak signal this week that slightly favours one Elliott wave count over the other. Overall, the larger trend remains the same. Summary: The Elliott wave structure for intermediate wave (4) does not look complete. It may continue sideways now...
by Lara | Sep 12, 2018 | Gold |
Sideways movement continues within a small range. Within this range, volume and On Balance Volume may assist to indicate the most likely breakout direction. GDX is bouncing exactly as expected. Some specific advice on what to look out for today is given to members...
by Lara | Sep 8, 2018 | US Oil
Price has continued to move overall sideways for several weeks, which is exactly what the Elliott wave count expected for the bigger picture. Two Elliott wave counts remain at the daily chart level. They both expect the same direction next. Summary: The Elliott wave...
by Lara | Sep 1, 2018 | US Oil
Last week’s analysis expected an upwards week as price swings from support up to resistance. Summary: The Elliott wave structure for intermediate wave (4) does not look complete. It may continue sideways now for another 7 weeks. For the short term, it looks like...
by Lara | Aug 25, 2018 | US Oil
A little more downwards movement was expected for the week but did not happen. Price remains within a consolidation zone. Summary: The Elliott wave structure for intermediate wave (4) does not look complete. It may continue sideways now for another 8 weeks. The larger...
by Lara | Aug 21, 2018 | Gold |
Today more upwards movement was expected for Gold and either upwards or sideways movement for GDX. With Gold moving slowly higher and GDX moving slightly higher, this is exactly what has happened. Summary: With support from volume, GDX has effected a downwards...
by Lara | Aug 17, 2018 | US Oil
Downwards movement was expected for the last week, which is exactly what has happened. Summary: This consolidation may end next week. It should remain above 55.24. The target is about 61.22 to 61.12. After one more low below 64.22, look for a candlestick reversal...
by Lara | Aug 11, 2018 | US Oil
Overall, a downwards swing was expected, with a small bounce to about 61.22 expected first. The bounce did not happen. Downwards movement has continued. Summary: A deeper and longer lasting consolidation looks to be underway, which may last about 13 to 21 weeks in...
