by Lara | Aug 14, 2015 | Gold |
The Elliott wave count continues to unfold mostly as expected. A breakout has not yet been indicated. Summary: The structure for minute wave iv is still incomplete. Minute wave iv still needs one final fifth wave up to end it; to the upside the invalidation point is...
by Lara | Aug 12, 2015 | Gold |
The main wave count was invalidated with a new high above 1,119.56. The alternate was confirmed, which expected more upwards movement. Summary: The structure is still incomplete. The structure is still seen as a fourth wave correction, and expected to end about 1,131...
by Lara | Aug 10, 2015 | Gold |
A downwards breakout was expected for Monday, but did not happen. Upwards movement invalidated the main Elliott wave count and confirmed the alternate Elliott wave count. Summary: The new wave count sees this correction as minute wave iv unfolding as a combination....
by Lara | Aug 5, 2015 | Gold |
Yesterday’s Elliott wave analysis expected the current structure to be over more quickly, but it is taking its time. Summary: The triangle is still completing, taking its time and testing our patience. I am still confident that when it is done the breakout will...
by Lara | Aug 3, 2015 | Gold |
The main Elliott wave count expected downwards movement, which is what has happened for Monday. Summary: The triangle is either over and a fifth wave down is unfolding (main wave count) or the triangle will continue sideways for another couple of days (new alternate...
by Lara | Aug 3, 2015 | NZDUSD |
Elliott wave and traditional TA analysis of NZDUSD. ELLIOTT WAVE COUNT Primary 3 should end when RSI indicates oversold and most likely not before. The first target is for primary wave 3 to reach 1.618 the length of primary wave 1 at 0.64538. The second target is...
by Lara | Jul 31, 2015 | Gold |
Upwards movement was unexpected. I have two hourly Elliott wave counts for you today. Summary: It is most likely a triangle has just ended a fourth wave correction. This should be followed by a fifth wave down which is highly likely to make at least a slight new low...
by Lara | Jul 31, 2015 | US Oil, US Oil Historical |
Price continues to move lower as expected. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96 and may be met in another six months time. A shorter term target for an interruption to the downwards trend is...
by Lara | Jul 28, 2015 | Gold |
Sideways movement in a small range fits the Elliott wave count very nicely. Summary: A sideways consolidation is very mature; the breakout is now very close and most likely to be downwards. A new low below 1,086.57 would confirm a downwards breakout is underway, the...
