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Gold Elliott Wave Technical Analysis – 27th March, 2013

Last analysis expected more upwards movement before a short term trend change. Upwards movement did make a new high and complete the structure. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of primary wave C. Within primary...

AAPL Elliott Wave Technical Analysis – 25th March, 2013

Last analysis for AAPL expected price to continue higher to a short term target at 471.82. Upwards movement did continue, reaching up to 469.95 so far, 1.87 short of the target. This analysis expects to see choppy overlapping generally trending downwards movement for...

AAPL Elliott Wave Technical Analysis – 21st March, 2013

Last analysis of AAPL expected downwards and sideways movement to reach to about 445.20 in about one or two sessions. Price moved lower and has reached 448.50, 3.3 short of the target. Sideways movement lasted a bit longer than two sessions. The wave count is the...

Gold Elliott Wave Technical Analysis – 20th March, 2013

Movement above 1,599.78 invalidated the main wave count from last analysis and confirmed the alternate. At that stage price was expected to be in a higher degree longer lasting correction with an initial expected target about 1,646. Click on the charts below to...

US Oil Elliott Wave Technical Analysis – 19th March, 2013

Last week’s oil analysis expected overall upwards movement for the week. Price moved $1.50 higher during the week. At this stage I think it is most likely that the correction is incomplete. I would expect another couple of days or so of upwards movement before a...

AAPL Elliott Wave Technical Analysis – 14th March, 2013

Last analysis of AAPL expected downwards movement to increase in momentum. Price has moved slightly lower, and has remained below the invalidation point on the hourly chart, but momentum has not increased. The wave count remains the same. It may be that we shall yet...

Gold Elliott Wave Technical Analysis – 13th March, 2013

Last week’s analysis expected gold to rise towards one of two targets. The first target was at 1,590 and the second at 1,604. Price has moved higher to reach up to 1,599.78, 4.22 below the second target. This week I expect gold to resume the downwards trend....

US Oil Elliott Wave Technical Analysis – 12th March, 2013

Last analysis dated 5th March, 2013, expected to see oil move higher for the week which is exactly what it has done. Now that there is some structure to analyse for this upwards movement I can calculate targets for it to end. I still have just the one daily and one...