by Lara | Oct 31, 2017 | Education, GOOG, Public Analysis
In keeping with the KISS principle, this trend line is very simple. I call it “Google’s Forever Trend Line”. Click chart to enlarge. This trend line has very strong technical significance. It is very long held and has been tested multiple times. It...
by Lara | Sep 20, 2017 | Education
The three basic Elliott Wave channels are: 1. FIRST TECHNIQUE – IMPULSE Click chart to enlarge. Once enough structure is complete to begin to draw an Elliott channel (about one third to halfway through a wave) use the first technique. A trend channel drawn using...
by Lara | Sep 15, 2017 | Education, Gold
This is my favourite trade set up. Here’s what to look for and why. Click chart to enlarge. To begin, look for a trend line which has strong technical significance. In deciding how strong or weak a line is use these guidelines here. This trend line on...
by Lara | Aug 30, 2017 | Education, Gold, Public Analysis, Reference
The choice of what scale to use on your charts makes a big difference to how trend lines sit. Which scale is correct? Click chart to enlarge. The chart above shows Gold 2 weekly on an arithmetic scale. Notice the bear market trend line has been breached, but did not...
by Lara | Aug 12, 2017 | Education, Public Analysis, S&P500
This chart was published two days ago. At that time, it was warned that the possible upwards breakout of the 8th of August lacked support from volume and may turn out to be false: Click chart to enlarge. That was proven correct. The strong downwards movement from the...
by Lara | Aug 9, 2017 | Education, Public Analysis, S&P500
After a consolidation price will break out. The presence or absence of support from volume on the breakout tells us how reliable the breakout may be. Click chart to enlarge. Pennant patterns are one of the most reliable continuation patterns. But in an upwards trend...
by Lara | Aug 3, 2017 | Education, Gold, Public Analysis
For those who want to hone their Elliott wave knowledge, have a go at spotting my deliberate mistakes: Click chart to enlarge. This one is easy (at least, I think it is and I’ve really tried to make it easy). There is one mistake in the triangle (just one!) and...
by Lara | Aug 2, 2017 | Education, Gold, Public Analysis
Volume analysis is essential to a full technical analysis. One of the simplest techniques is to look at volume during a consolidation and note which days, upwards or downwards, have strongest volume. Click chart to enlarge. Gold has been within a large consolidation...
by Lara | Jul 27, 2017 | Education, Public Analysis, S&P500
Trend lines used for support and resistance may have varying degrees of technical significance. Here are three simple rules to use to determine how much significance a trend line has and how much attention to pay to a breach. Click chart to enlarge. The stronger the...
