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Gold Elliott Wave Technical Analysis – 10th April, 2013

Last week’s analysis expected gold to move lower to a short term target at 1,533 before turning upwards for a correction. Price moved slightly lower but failed to get close to the target, moving only down to 1,540.24 before turning higher. With movement above...

US Oil Elliott Wave Technical Analysis – 9th April, 2013

Last week’s oil analysis expected price to move lower. The short term target at 94.52 has been exceeded by 2.53. This week I expect the completion of a minuette degree second wave correction, followed by a third wave down. Click on the charts below to enlarge....

AAPL Elliott Wave Technical Analysis – 8th April, 2013

Last analysis of AAPL expected price to move higher, but required a channel breach to have confidence in this prediction. Price remained firmly within the channel and moved lower, remaining just above the invalidation point at 419. Thereafter, price turned higher and...

AAPL Elliott Wave Technical Analysis – 4th April, 2013

Last analysis of AAPL expected short term downwards movement to a target at 421. Price did move lower but fell 4.25 short of the target. The wave count remains mostly the same. The structure for this downwards movement is now clearer and we may now use a parallel...

Gold Elliott Wave Technical Analysis – 3rd April, 2013

Last week’s gold analysis expected more downwards movement to reach below 1,584 before upwards movement for a deep correction. Price has moved lower as expected, significantly below 1,584. There was no deep second wave correction, yet. Because downwards momentum...

US Oil Elliott Wave Technical Analysis – 2nd April, 2013

The main wave count on last analysis expected more upwards movement from Oil towards a short to mid term target at 94.3 to 94.84. Price did continue higher to reach 2.89 above the target zone at 97.73, remaining below the invalidation point which is very close by now...

AAPL Elliott Wave Technical Analysis – 1st April, 2013

Last AAPL analysis expected price to move lower to a short term target at 437.5 before turning higher for an upwards correction. Price did move lower to 433.30, 4.2 below the target, and then moved sideways a little. This sideways movement may have been the B wave I...

AAPL Elliott Wave Technical Analysis – 28th March, 2013

Last analysis expected price to move lower for a few days which is exactly what happened for Apple. Movement below 457.98 confirmed that Apple had seen a short term trend change and at that stage I had more confidence that it should continue lower. The wave count...