by Lara | Feb 14, 2017 | US Oil
Again, price continues to consolidate for US Oil and On Balance Volume may assist to show the breakout direction, so it should be watched carefully. The Elliott wave counts remain the same. Summary: A new high above 55.24 would indicate an upwards breakout, and the...
by Lara | Feb 11, 2017 | Gold |
Friday’s session moved price lower as expected. A strong bounce has found resistance right at the lower edge of a trend channel. This also was expected as reasonably likely behaviour from price. Summary: Probability has shifted back to a deep pullback beginning...
by Lara | Feb 8, 2017 | Silver |
Last week expected that upwards movement would continue for Silver. This is exactly what has happened. Summary: The target for upwards movement is at 18.33. New updates to this analysis are in bold. Last monthly chart is here. ELLIOTT WAVE COUNT WEEKLY CHART Click...
by Lara | Feb 6, 2017 | US Oil |
Price continues to consolidate for US Oil. On Balance Volume may assist to show the breakout direction, so it should be watched carefully. The Elliott wave counts remain the same. Summary: A new high above 55.24 would indicate an upwards breakout, and the target would...
by Lara | Feb 6, 2017 | Gold |
Another upwards day fits the second hourly Elliott wave count. Price is now just above the target range, which was 1,219.11 to 1,233.43. Summary: If we expect the most common scenario to unfold, then we should be right more often than wrong. We will still be wrong...
by Lara | Feb 2, 2017 | Gold |
Two hourly Elliott wave counts look at two possible scenarios for the next session. Summary: The target for this next wave down to end is at 1,164 – 1,160. First, a breach of the Elliott channel on the hourly charts is required for any confidence in a high. A...
by Lara | Feb 2, 2017 | Silver |
An important trend line has been breached. Summary: It looks like the correction for Silver may have been surprisingly brief and shallow. The target for upwards movement is at 18.33. If price breaks below 16.651, then a deeper pullback to 16.260 should be expected....
by Lara | Feb 2, 2017 | EEM, Public Analysis
In response to a member’s request here is an analysis of EEM. This market may not have sufficient volume for a reliable Elliott wave analysis. For that reason classic technical analysis is presented first and should be given more weight. The Elliott wave...
by Lara | Jan 31, 2017 | Public Analysis, US Oil |
Price has moved sideways for the week. A new Elliott wave count fits sideways movement. Summary: A new high above 55.24 would indicate an upwards breakout, and the target would be 55.60. A new low below 50.91 would indicate a downwards breakout, and the target would...
