by Lara | Jul 25, 2013 | Gold
Last analysis expected choppy overlapping movement to 1,192.45 or below in the short to mid term. Overall the wave count expected further upwards movement for a fourth wave correction at intermediate degree. Price did not move lower, it moved higher. The most likely...
by Lara | Jul 24, 2013 | US Oil, US Oil Historical |
Oil has moved higher as expected for the week, remaining just below the invalidation point. If price breaks above 110.56 in the next one to few weeks this wave count will change significantly. I will briefly cover the alternate for this scenario today. Click on the...
by Lara | Jul 22, 2013 | Apple |
Last analysis expected that minute wave ii was over but not confirmed as the parallel channel containing it was not breached. The channel is now clearly breached and we have a clear five down on the hourly chart. I expect that a third wave down may have just begun for...
by Lara | Jul 18, 2013 | Gold
Last analysis expected a little more upwards movement from gold to one of two targets, 1,296 or 1,349, before a short term trend change. The trend change would be confirmed with movement below 1,267.60. Price did move a little higher to 1,300.93, $4.93 above the first...
by Lara | Jul 17, 2013 | US Oil
Last week’s analysis expected more upwards movement to a short term target at 105.57 to 105.60. Price has reached up to 107.46, 1.86 above the small target zone, before turning lower and breaching the small parallel channel drawn on last week’s hourly...
by Lara | Jul 16, 2013 | Apple
Last analysis of AAPL expected more upwards movement towards a short term target at 431. Price has reached up to 431.46 but we do not yet have a trend channel breach on the hourly chart to confirm that the trend has changed back to the downside. Click on the charts...
by Lara | Jul 11, 2013 | Gold
Last week’s analysis of gold expected choppy, overlapping movement for the continuation of an intermediate degree fourth wave correction, which is pretty much what we have seen. It is too early to be certain of what structure is unfolding for intermediate wave...
by Lara | Jul 10, 2013 | US Oil
Last week’s analysis published charts only. Last week I expected the structure for a third wave upwards was incomplete. The short term target on the hourly chart was 105.52. Price has reached up so far to 0.76 short of the target. Click on the charts below to...
by Lara | Jul 9, 2013 | Apple
Last analysis of AAPL expected some downwards movement followed by new highs, in choppy overlapping corrective movement. Price did not start with downwards movement as expected, it just moved higher. Click on the charts below to enlarge. This wave count expects a five...