by Lara | Feb 18, 2016 | Gold |
Again, I have three hourly wave counts. Volume is used to indicate which is most likely. Summary: Minute wave iv may be over. As long as price remains above 1,216.92, this should be expected to be the most likely scenario. The target for a strong fifth wave up is at...
by Lara | Feb 18, 2016 | Silver
Last week’s analysis expected downwards movement for Silver for a correction. This is what has happened over the last few days. Summary: The trend is up. Silver may end a correction soon. If Silver finds support at the lower trend line on the daily chart, then...
by Lara | Feb 15, 2016 | US Oil |
Last week again expected downwards movement from Oil. Oil made a new low, and so far has made a lower high. Summary: There is only one wave count today which expects a fifth wave is extending. The first target is 14.02. The second target is 11.98. Corrections are...
by Lara | Feb 12, 2016 | Silver |
There is now only one Elliott wave count for Silver. Summary: The trend is up. Silver looks like today it had a typical blow off top, so a correction against the trend may be expected as most likely here . New updates to this analysis are in bold. WEEKLY WAVE COUNT...
by Lara | Feb 8, 2016 | US Oil, US Oil Historical |
Last week expected downwards movement from Oil. Price came back up to touch the trend line and then has overall moved lower. Summary: A fifth wave may be extending, and it may be strong as is typical for commodities. If targets are wrong, they may not be low enough....
by Lara | Feb 7, 2016 | GDX |
The bear Elliott wave count was invalidated by a new high above 16.45. I have just one bull wave count now for GDX. Summary: GDX is in a bull market confirmed by price. New updates to this analysis are in bold. MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. This...
by Lara | Feb 4, 2016 | NZDUSD
Elliott wave and traditional technical analysis of NZDUSD. New updates to this analysis are in bold. ELLIOTT WAVE COUNT Click chart to enlarge. Primary 3 should end when RSI indicates oversold and most likely not before. Currently RSI has returned just above oversold....
by Lara | Feb 4, 2016 | Silver
Last week’s Silver analysis expected some upwards movement. Again, this is exactly what has happened. Summary: Price should move lower from here. The main wave count expects to see a new low below 13.569, so the alternate would be invalidated below this point....
by Lara | Feb 2, 2016 | US Oil, US Oil Historical |
Last week’s analysis expected to see 8 sessions of overall upwards movement to a target at 31.47 or 34.16. Price moved higher for 7 sessions to reach 34.82. Summary: The correction for minor wave 4 is very likely to be over. This would be confirmed with a clear...
