by Lara | Jan 20, 2017 | Silver
The main Elliott wave count was confirmed when Silver made a new high above 17.220 and the alternate Elliott wave count was invalidated. There is only one Elliott wave count now left for Silver at this time. Summary: A deep correction may have begun now for Silver....
by Lara | Jan 11, 2017 | Silver |
Silver has moved higher with some support from volume. The Elliott wave counts are the same. Summary: Silver is most likely in a new upwards trend. This would be confirmed with a new high above 17.220. The target is at 23.131. In the short term, look out for a deep...
by Lara | Dec 24, 2016 | Silver |
Silver has moved lower on light and declining volume since last analysis three days ago. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, a very bullish hammer candlestick may indicate a trend change. New updates to this...
by Lara | Dec 21, 2016 | Silver |
Price has moved lower as the main Elliott wave count expected, but only slightly. The confirmation / invalidation point remains the same. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, today a very bullish hammer...
by Lara | Dec 15, 2016 | Silver
A new low below 16.652 confirmed a more bearish second alternate Elliott wave count and invalidated the first two Elliott wave counts. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. New updates to this analysis are in bold. To see...
by Lara | Dec 8, 2016 | Silver
Upwards movement continues so far as expected for Silver. Summary: A new high above 18.979 would invalidate the alternate Elliott wave count and confirm a trend change for Silver. It will remain possible that Silver is still in a bear market while price remains below...
by Lara | Dec 2, 2016 | Silver
Upwards movement was expected for Silver. Price has mostly moved sideways. Summary: A new high above 18.979 would invalidate the alternate Elliott wave count and confirm a trend change for Silver. It will remain possible that Silver is still in a bear market while...
by Lara | Nov 24, 2016 | Silver
Another downwards week leaves all three Elliott wave counts valid, but one looking extremely unlikely. Summary: Bears are still looking tired. Look out for a trend change for Silver. When price turns up, if it remains below 18.979, then a bear market for Silver will...
by Lara | Nov 18, 2016 | Silver
Downwards movement over the last week invalidated the Elliott wave counts. Summary: The bears are looking tired. There is a very little weakness to downwards movement, but not enough to call a low in place. It is possible that price may move lower. New updates to this...
