by Lara | Mar 29, 2019 | US Oil
Last week’s analysis expected a bounce to continue for US Oil. An outside week closes green and price remains within the channel on the daily chart. Summary: While price remains within the channel on the daily chart, assume the bounce will continue. The target...
by Lara | Mar 22, 2019 | US Oil
The bounce continues towards the target as expected. Summary: The larger picture still sees Oil in a new downwards trend to end reasonably below 26.06. While price remains within the channel on the daily chart, assume the bounce will continue. The target remains at...
by Lara | Mar 15, 2019 | US Oil
A new high above 57.88 indicated the bounce was not over. The target remains the same. Summary: The larger picture still sees Oil in a new downwards trend to end reasonably below 26.06. While price remains within the channel on the daily chart, assume the bounce will...
by Lara | Mar 11, 2019 | Gold |
A small range inside day sees the Elliott wave count remain the same. The target remains the same. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may be had with a new low below 1,160.75. For the short...
by Lara | Mar 8, 2019 | US Oil
Price this week remains range bound. Two Elliott wave counts are again used to identify targets after a breakout. Summary: The larger picture still sees Oil in a new downwards trend to end reasonably below 26.06. For the short term, a new high above 57.88 would...
by Lara | Mar 1, 2019 | US Oil |
Price remains within the channel on the daily chart. Two daily Elliott wave counts are published for members this week. Summary: While price remains within the channel, assume the trend may remain the same. The target remains at 63.19 to 63.71. If the blue channel is...
by Lara | Feb 22, 2019 | US Oil |
Last end of week analysis for US Oil expected this week to see the upwards bounce continue towards the target. This is exactly what has happened. The small target zone remains unchanged this week. Summary: The upwards bounce may continue to the final target zone about...
by Lara | Feb 16, 2019 | Gold |
Price still remains within an identified consolidation zone. Friday’s strong upwards day lacks support from volume. The breakout from a flag pattern is suspicious. Summary: A new high above 1,325.74 is required for confidence that the upwards trend remains. The...
by Lara | Feb 15, 2019 | US Oil
The week was expected to begin with a little downwards movement to a target at 50.91 to 50.82. The week did begin with a little downwards movement, finding a low at 51.24, 0.33 short of the target zone. An update for members intra-week, on the 13th of February,...