by Lara | Mar 7, 2016 | US Oil |
Last week’s analysis of US Oil expected upwards movement for the week, which is what happened. A new high above 37.75 invalidated the alternate and confirmed the main Elliott wave count. Summary: The monthly chart remains clear: US Oil needs to move lower to...
by Lara | Mar 2, 2016 | Silver
Last week expected the correction for Silver to end in four daily candlesticks at the most, at 15.069 – 15.063. The correction may have ended in three days at 14.607. Summary: The trend for Silver should still be up. A correction against the trend may have ended...
by Lara | Mar 1, 2016 | US Oil |
A new Elliott wave count resolves the problems with last week’s analysis of US Oil. Summary: The monthly chart remains clear: US Oil needs to move lower to complete a large zigzag structure at Super Cycle degree. In the short term, the new wave count expects...
by Lara | Feb 24, 2016 | Silver
Last week expected a correction to end soon. The correction has continued for the entire week. Summary: The trend is up. Silver should end a correction very soon, a further four daily candlesticks at the most. With the Elliott channel breached, a simple trend line is...
by Lara | Feb 24, 2016 | Gold |
Last analysis expected a correction should continue. Although price breached a short term upper invalidation point the red candlestick with a long upper shadow fits a correction. Summary: The correction is most likely still incomplete. It may continue sideways for a...
by Lara | Feb 23, 2016 | Gold |
One of the remaining two hourly Elliott wave counts was invalidated. I will continue to consider all possibilities. I have a new idea today. Summary: The correction is incomplete. If it totals a Fibonacci thirteen when complete, then it may end in another five...
by Lara | Feb 23, 2016 | US Oil |
Upwards movement above 33.60 invalidated last week’s US Oil Elliott wave count. I have three alternates for you today. Summary: The situation for US Oil for the first time in a long time is remarkably unclear. The only thing that is clear is the monthly chart...
by Lara | Feb 22, 2016 | Gold |
Two hourly Elliott wave counts were invalidated, which leaves only two. The situation is becoming clearer. Summary: Minute wave iv may continue sideways as a triangle, possibly for six more days to total a Fibonacci thirteen. In the short term, a new high above...
by Lara | Feb 19, 2016 | Gold |
To end this week, I still have just the one daily chart but now four hourly wave counts. I will not try to pick a winner. The labelling of 1-2-3-4 is not intended to indicate which is more or less likely. Volume and price next week should tell us which one is correct....
