by Lara | Apr 22, 2016 | Silver |
Again, the main Elliott wave count expected downwards movement which is not what happened. A new high above 17.483 indicated more upwards movement instead. The target at that stage was 18.928. So far price has reached up to 17.72. Summary: A blowoff top today...
by Lara | Apr 14, 2016 | Silver
Downwards movement was expected. This is not what happened. The Elliott wave count was invalidated by upwards movement above 15.514. Summary: Upwards movement is most likely over. A new low below 14.781 would confirm the main wave count and more downwards movement to...
by Lara | Apr 7, 2016 | Silver |
Price moved slightly higher and then turned down exactly as the main Elliott wave count expected. The alternate Elliott wave count is invalidated. Summary: Overall downwards movement may end in a few days at about 14.514. When this second wave correction is complete,...
by Lara | Mar 31, 2016 | Silver
Last week both Elliott wave counts expected at least a little downwards movement. This is what happened. Summary: A little upwards movement should unfold short term. A new high above 16.132 would invalidate the main wave count and confirm the alternate. If that...
by Lara | Mar 23, 2016 | Silver
Last week’s analysis again expected upwards movement. This is how the week began, but today price has moved strongly lower retracing the gains of the last five days. Summary: A larger second wave correction has most likely arrived. It may last a few weeks and...
by Lara | Mar 17, 2016 | Silver |
Last week’s analysis expected upwards movement from Silver, but price so far has moved sideways remaining above the invalidation points. Summary: The trend remains up. The target for the next interruption to the trend remains at 16.802. New updates to this...
by Lara | Mar 10, 2016 | Silver
Last week’s analysis expected upwards movement from Silver, which is what happened. Summary: The trend remains up. The target for the next interruption to the trend remains at 16.802. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to...
by Lara | Mar 2, 2016 | Silver
Last week expected the correction for Silver to end in four daily candlesticks at the most, at 15.069 – 15.063. The correction may have ended in three days at 14.607. Summary: The trend for Silver should still be up. A correction against the trend may have ended...
by Lara | Feb 18, 2016 | Silver
Last week’s analysis expected downwards movement for Silver for a correction. This is what has happened over the last few days. Summary: The trend is up. Silver may end a correction soon. If Silver finds support at the lower trend line on the daily chart, then...
