by Lara | May 16, 2019 | Gold |
Two main Elliott wave counts are published today. Confidence and invalidation points will be used to indicate which is correct. Summary: The main view today remains bullish. A mid-term target is now at 1,324 where a consolidation within the new upwards trend may...
by Lara | May 10, 2019 | US Oil
Again, price continues lower as the Elliott wave count expected for this week. Summary: The next wave down may have begun. The final target is now calculated at 10.72. Further confidence that a high is in place may be had if price makes a new low below 58.20. MAIN...
by Lara | May 3, 2019 | US Oil
Downwards movement has unfolded for the week as expected. Summary: The next wave down may have begun. The final target is now calculated at 10.72. Further confidence that a high is in place may be had if price makes a new low below 58.20. MAIN ELLIOTT WAVE COUNT...
by Lara | Apr 26, 2019 | US Oil
A little more upwards movement was expected for the week. The weekly candlestick forms an important pattern, and the daily volume profile supports it. Summary: Oil may have now found a high. The next wave down may begin. The final target is now calculated at 10.72....
by Lara | Apr 24, 2019 | Gold |
Downwards movement continues as the larger picture for the Elliott wave and technical analysis expects for Gold. Targets remain the same. Summary: The Elliott wave target is at 1,220. The classic analysis target is at 1,217. Risk is just above the upper edge of the...
by Lara | Apr 19, 2019 | US Oil
A very small range week moves price mostly sideways. The Elliott wave count remains the same. Summary: While price remains within the channel on the daily chart, assume the bounce will continue. If the channel is breached by a full daily candlestick below and not...
by Lara | Apr 12, 2019 | US Oil
Again, upwards movement continued to reach 1.01 above the target for the week. Summary: While price remains within the channel on the daily chart, assume the bounce will continue. If the channel is breached by a full daily candlestick below and not touching the lower...
by Lara | Apr 6, 2019 | US Oil
Upwards movement continued as expected for the week and has almost reached the target. The Elliott wave structure is almost complete. Summary: While price remains within the channel on the daily chart, assume the bounce will continue. The target remains at 63.71. If...
by Lara | Apr 2, 2019 | Gold |
A little upwards movement was expected. After a slight new low price has turned and moved higher. The short-term Elliott wave count remains mostly the same but the short-term target is recalculated. Summary: For the very short term, a small counter trend bounce may...
