by Lara | Jun 23, 2016 | Silver |
A breach of the small channel on the daily Elliott wave chart indicated a correction had arrived. Summary: A third wave is underway. The mid term target is at 24.22. Risk and the invalidation point is at 15.818. In the short term, a correction has arrived and should...
by Lara | Jun 16, 2016 | Silver, Silver Historical
Upwards movement continues as the Elliott wave count expects. A correction has not yet unfolded. Summary: A third wave is underway. Use the pink channel on the daily chart to indicate when the next correction has arrived. This upcoming correction should offer a good...
by Lara | Jun 9, 2016 | Silver, Silver Historical |
A trend change was confirmed first with a channel breach and then with a new high above 16.554. Summary: A third wave up may be underway. Within this structure, a first wave may be either complete or very close to completing. A second wave correction should offer an...
by Lara | Jun 2, 2016 | Silver |
Last week’s analysis expected more downwards movement towards a target at 15.933 or 15.113. Downwards movement continued and so far has reached 15.818. Summary: The structure may now be complete but a trend change is unconfirmed. Assume the trend remains down,...
by Lara | May 26, 2016 | Silver
Last week’s analysis expected more downwards movement towards a target at 16.297. Price has reached 16.181. Summary: The structure is incomplete. More downwards movement is expected. The first wave count target is at 15.933. The second wave count target is at...
by Lara | May 19, 2016 | Silver |
Last week’s analysis expected upwards movement, which is not what happened. Summary: A correction is incomplete. More downwards movement to 16.297 is expected to complete it. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | May 12, 2016 | Silver
A correction was expected for Silver, which is so far what has happened over the last week. Summary: A correction may be over for Silver. A strong upwards movement may be ahead. A short term target is at 22.09. A longer term target is now at 25.63. New updates to this...
by Lara | May 5, 2016 | Silver
The downwards movement expected for Silver did not happen. Summary: Silver looks overbought and due for a correction. It may find support about 16.70. The larger trend remains up. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | Apr 28, 2016 | Silver
More downwards movement was expected for Silver. Price has moved lower but not as much as expected. Summary: On balance, the expectation is for Silver to move a little lower for at least a few days. However, the picture is somewhat unclear. If a new high above 17.72...