by Lara | May 1, 2013 | US Oil
Further strong upwards movement invalidated the main wave count. This upwards movement cannot be a fourth wave of an impulse because it has entered first wave price territory. It must be a second wave correction, or the structure is a diagonal and not an impulse. The...
by Lara | Apr 30, 2013 | Apple
My last AAPL analysis had three hourly wave counts. Price movement above 415.25 invalidated the first hourly wave count indicating further upwards movement for the second hourly wave count should be expected. Further movement above 426.40 invalidated the second hourly...
by Lara | Apr 26, 2013 | Apple
Last analysis expected upwards movement to a target about 405 in the first instance. If price continued higher through this first target the next expectation was about 417.79. The correction may have ended 2.54 short of the higher, less likely target. I can now...
by Lara | Apr 25, 2013 | Gold
Last analysis of gold expected it was likely that a fourth wave correction was over and price should move lower. However, it was also stated that without a clear five down and a new low we could not eliminate the possibility that the fourth wave correction may...
by Lara | Apr 25, 2013 | US Oil
If price moves above 91.99 my main wave count would be invalidated. This is the alternate I would use. However, if the main wave count is invalidated I would want to do further work on finding new alternates, to consider all possibilities. At this stage the chart...
by Lara | Apr 24, 2013 | US Oil
Last week’s analysis had a short term target for some upwards movement at 89.21 to 89.41. Price has moved higher and so far is 0.23 above the target. But the structure is incomplete. I have calculated a new target for you this week. Click on the charts below to...
by Lara | Apr 23, 2013 | Apple
Last analysis expected more downwards movement to a target at 368 before a fourth wave correction. Price did move lower but only to 385.10, falling 17.10 short of the target. I have the same daily wave count for you and one hourly wave count. Click on the charts below...
by Lara | Apr 19, 2013 | Apple
Last analysis for Apple expected more upwards movement to a target at 470.5 before new lows. Movement below 419 invalidated the hourly wave count indicating an end to the correction earlier than expected, and the start of a third wave down. The daily chart is mostly...
by Lara | Apr 18, 2013 | Gold
I am reverting back to my original gold wave count. Targets for that wave count have been breached so are recalculated. This wave count expects that downwards movement is a third wave. The structure is incomplete. It needs further downwards to go. Along the way we...
