by Lara | Dec 20, 2016 | US Oil |
Another small consolidation unfolded as expected finding support at the trend line on the daily Elliott wave chart. Thereafter, upwards movement has continued as expected. Summary: The target for upwards movement to end is still about 58.05. Another small...
by Lara | Dec 15, 2016 | Silver
A new low below 16.652 confirmed a more bearish second alternate Elliott wave count and invalidated the first two Elliott wave counts. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. New updates to this analysis are in bold. To see...
by Lara | Dec 14, 2016 | US Oil |
Upwards movement has continued as expected from last Elliott wave analysis. The small consolidation also unfolded as expected and remained above the invalidation point at 46.57. Summary: The target for upwards movement to end is still about 58.05. Another small...
by Lara | Dec 8, 2016 | Gold |
Sideways movement was expected. In the short term, some downwards movement within a consolidation was expected for the session, and this is what has happened. Summary: At this stage, it looks more likely that Gold is within a sideways consolidation that may last a...
by Lara | Dec 8, 2016 | Silver
Upwards movement continues so far as expected for Silver. Summary: A new high above 18.979 would invalidate the alternate Elliott wave count and confirm a trend change for Silver. It will remain possible that Silver is still in a bear market while price remains below...
by Lara | Dec 7, 2016 | Gold |
Price has moved higher to complete a green daily candlestick, as expected for the main Elliott wave count, but so far it is concerning that volume has not supported this movement. Summary: At this stage, it looks more likely that Gold has just begun a sideways...
by Lara | Dec 6, 2016 | Gold |
Price has moved sideways to complete a very small inside day. The analysis is essentially unchanged. Summary: It looks like Gold is finding a low. Confidence in a trend change would come with a new high above 1,232.48. Double divergence now with RSI strongly indicates...
by Lara | Dec 6, 2016 | US Oil |
Last analysis was invalidated by upwards movement, which was unexpected. Summary: After a small consolidation, which should remain above 49.19, more upwards movement is expected. The target for it to end is about 58.05. New updates to this analysis are in bold....
by Lara | Dec 3, 2016 | Gold |
An upwards day was expected for Friday’s session, which is what happened. Summary: A new high above 1,181.36 would provide first confidence in a trend change. A new high above 1,232.48 would add a reasonable level of confidence. The target would be either 1,491...
