by Lara | Nov 23, 2019 | US Oil
Again, an upwards swing within the larger consolidation was expected to continue to reach at least 58.24. The high for the week at 58.74 now meets this requirement. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards...
by Lara | Nov 15, 2019 | US Oil |
An upwards swing was expected to continue. An upwards week with a higher high and a higher low exactly fits this expectation. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend...
by Lara | Nov 13, 2019 | Gold |
In yesterday’s analysis members were warned to look for a small bounce to about 1,472 for the short term. A small range upwards day with a high at 1,466.29 fits this expectation. Summary: For the very short term, look out for this small bounce to end about 1,472...
by Lara | Nov 8, 2019 | US Oil |
An upwards swing within a larger consolidation was expected to continue. This is exactly what is happening, so far. Both Elliott wave counts remain valid. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end...
by Lara | Nov 1, 2019 | US Oil
Overall, more upwards movement was expected for the week. Again, this is what has happened. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend line. The bullish wave count now...
by Lara | Oct 25, 2019 | US Oil
Upwards movement was expected for the week for the main Elliott wave count, which is what has happened. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend line. The bullish...
by Lara | Oct 22, 2019 | Gold |
Another small range day with light volume sees all three Elliott wave counts remain valid. Today the pennant has lasted 15 sessions, so tomorrow may see a breakout. Summary: A downwards breakout may happen tomorrow. A new low below 1,456.64 would provide confidence...
by Lara | Oct 18, 2019 | US Oil |
Again, the main Elliott wave count expected upwards movement for the week. A slightly higher high and a higher low fits the definition of upwards movement. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to...
by Lara | Oct 11, 2019 | US Oil
The main Elliott wave count expected upward movement for the week, which is exactly what has happened. A large Elliott wave triangle looks to be completing. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to...