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AAPL Elliott Wave Technical Analysis – 11th March, 2013

Last analysis expected price to move lower with an increase in momentum. This is not what has happened. Price moved higher past the first invalidation point on the hourly chart, but has remained below the second invalidation point and within the parallel channel on...

AAPL Elliott Wave Technical Analysis – 7th March, 2013

The last three days has seen a small degree correction begin. Price has remained well below the invalidation point on the hourly chart and within the parallel channel also. This wave count is unfolding as expected. Click on the charts below to enlarge. This main wave...

Gold Elliott Wave Technical Analysis – 6th March, 2013

Last week’s analysis expected to see further downwards movement for gold, before a second wave correction. Price moved lower before beginning some sideways movement. This is pretty much what was expected. The wave count remains the same. I can now calculate...

US Oil Elliott Wave Technical Analysis – 5th March, 2013

Last week’s analysis of oil expected further downwards movement for the week. The lower target for the week was 89.70. The invalidation point on the 2 hourly chart was at 95.21. Price did move lower to reach 0.35 below the target and the low for the week was...

AAPL Elliott Wave Technical Analysis – 4th March, 2013

Last week’s analysis expected price to continue to fall which is exactly what has happened. The main hourly wave count expected downwards momentum to increase which has also happened. The wave counts remain the same. Click on the charts below to enlarge. This...

AAPL Elliott Wave Technical Analysis – 28th February, 2013

Last analysis of AAPL expected some upwards movement. Price did move slightly higher but has fallen well short of the target which was at 467. The wave count is the same and both daily charts expect the same direction in movement for a few weeks yet. Click on the...

Gold Elliott Wave Analysis – 27th February, 2013

Last week’s analysis of gold expected price to fall for the week. A new low was made and then price moved higher, remaining below the invalidation point on the daily chart. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend...

AAPL Elliott Wave Analysis – 26th February, 2013

Elliott Wave chart analysis for AAPL for 26th February, 2013. Please click on the charts below to enlarge. To see monthly charts analysis click here. I still have two wave counts at the daily chart level. At the hourly chart level exactly the same direction is...