by Lara | May 20, 2015 | US Oil |
Chart only today. To see a thorough analysis go here. Summary: The small fourth wave continued sideways as a double flat. The target is slightly recalculated to 64.39. Click charts to enlarge. At 64.39 minuette wave v would reach 0.618 the length of minute wave...
by Lara | May 19, 2015 | Gold |
Yesterday’s Elliott wave analysis had three hourly wave counts for three different structures for this small fourth wave correction. The triangle was invalidated below 1,211.11 and the combination never produced a B wave which was 90% or more of its A wave. This...
by Lara | May 18, 2015 | Gold |
A small green doji candlestick fits for a fourth wave correction. In the mid term, the degree for this correction can now be known. Summary: Gold is currently in a small fourth wave correction against the trend. Both bull and bear wave counts expect sideways movement...
by Lara | May 13, 2015 | Gold |
Upwards movement for a fifth wave to a short term target at 1,199 was expected. Price moved higher, but has reached well above the target. Summary: I will choose to publish one bull and one bear wave count today for serious consideration. These are the best of several...
by Lara | May 11, 2015 | Gold |
Both bull and bear Elliott wave counts remain valid. Price has not yet told us which one is correct. I am concerned that volume is lower for Monday’s down day. Summary: In the short term, both wave counts expect downwards movement from here. The short term...
by Lara | May 9, 2015 | Gold |
I have a new bull Elliott wave count which resolves some of the problems with the prior bullish Elliott wave count. Summary: Both bull and bear wave counts expect at least some downwards movement early next week: this new bull wave count down to 1,160 and the bear...
by Lara | May 8, 2015 | Gold |
Both bull and bear Elliott wave counts remain valid. Price has not yet told us which one is correct. Summary: The bear wave count requires a very strong downwards move from here. A new low below 1,169.94 would provide some confidence that price is breaking out...
by Lara | May 7, 2015 | Gold |
Lower highs and lower lows and volume continue to favour the bear Elliott wave count. Summary: In the very short term one final small fifth wave down to 1,177 would complete an impulse for both wave counts at the hourly chart level. Thereafter, they again diverge. The...
by Lara | May 6, 2015 | Gold |
A small inside day for Wednesday importantly shows higher volume. Volume consistently continues to support the bear Elliott wave count. Summary: The bull and bear wave counts diverge. The bull count expects a third or C wave up to 1,237. The bear count expects a third...
