by Lara | Jul 26, 2015 | US Oil, US Oil Historical |
Primary wave 5 is still in its early stages. The Elliott wave count is adjusted and the target is recalculated. 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...
by Lara | Jul 24, 2015 | Gold |
Price began the session with downwards movement, which was expected, but the upwards move to end the session is much deeper than expected. Summary: Monday may begin with a little upwards movement to at least slightly above 1,119.23, to a target at 1,121. Use the...
by Lara | Jul 22, 2015 | Gold |
Price has moved lower exactly as expected. Summary: The target for the next third wave to end, which may be met tomorrow, remains at 1,060. The following fourth wave may show on the daily chart, but it may not. The target for minute wave iii to end remains at 1,023...
by Lara | Jul 19, 2015 | US Oil, US Oil Historical |
Primary wave 5 is in its early stages. The Elliott wave count remains the same. 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...
by Lara | Jul 17, 2015 | Gold |
Price continues to fall exactly as expected. The Elliott wave count remains the same, and all targets are the same. Summary: Downwards movement should continue. Price is today finding support at the green channel. On the hourly chart, the new red channel may show...
by Lara | Jul 16, 2015 | GDX |
I have the same two Elliott wave counts for GDX. I favour the bear wave count. GDX does not appear to have sufficient volume for Elliott wave analysis of this market to be reliable. It exhibits truncations readily, and often its threes look like fives while its fives...
by Lara | Jul 15, 2015 | Gold |
Downwards movement was expected. The Elliott wave count remains the same, supported again by technical analysis indicators. Summary: Downwards movement should continue. Use the brown channel on the hourly chart to indicate where upwards corrections should find...
by Lara | Jul 14, 2015 | Silver
Charts only today. MAIN WAVE COUNT Click chart to enlarge. ALTERNATE WAVE COUNT Click chart to enlarge.
by Lara | Jul 13, 2015 | Gold |
Both Elliott wave counts expected downwards movement, which is what has happened for Monday’s session. Summary: The main wave count remains the same: it expects downwards movement this week to a target at 1,123 which may be met in three days time. To see weekly...
