by Lara | Jun 30, 2016 | Silver |
Last analysis expected a correction to continue lower for a few days. This is not what happened. Price has made new highs towards the longer term target. Summary: An upwards trend is intact. A third wave up is underway. The short term target is at 19.384. The longer...
by Lara | Jun 28, 2016 | EURUSD |
Elliott wave charts only. Click chart to enlarge. Click chart to enlarge. Click chart to enlarge. This analysis is published @ 06:15 a.m. EST on 28th June, 2016.
by Lara | Jun 28, 2016 | US Oil |
The main Elliott wave count expected downwards movement, which is what has happened over the last week for Oil. Summary: In the short term, Oil should be expected to continue overall lower. Downwards movement is overall likely to be relatively deep and may continue...
by Lara | Jun 24, 2016 | Gold |
Upwards movement was expected, but not as much as unfolded. Summary: Minor wave 3 may have begun. Short term expectations are for price to move lower early next week. This should offer a good opportunity to join the upwards trend at a good price. The initial...
by Lara | Jun 23, 2016 | Gold |
Price moved lower towards the target. Summary: Minor wave 2 could be over, but it is still more likely that it will continue for a three or (more likely) another eight sessions. The target remains at 1,244. In the short term, some upwards movement for one to three...
by Lara | Jun 23, 2016 | Silver |
A breach of the small channel on the daily Elliott wave chart indicated a correction had arrived. Summary: A third wave is underway. The mid term target is at 24.22. Risk and the invalidation point is at 15.818. In the short term, a correction has arrived and should...
by Lara | Jun 22, 2016 | Gold |
Sideways / downwards movement continued as expected towards the target. Summary: Minor wave 2 could possibly be over in one more day, but more likely it will continue for a further four, nine or seventeen days. The target remains at 1,244. New updates to this analysis...
by Lara | Jun 21, 2016 | US Oil
Downwards movement was expected for the week. The week began with two downwards days then price turned and moved higher, but so far it has not made a new high. Summary: The short term picture for Oil is unclear. Oil may make a new high in the next few days. If it...
by Lara | Jun 20, 2016 | Gold |
Last analysis expected a counter trend movement to continue. A long legged doji candlestick fits this description. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most likely target will be the 0.618...