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GOLD Elliott Wave Technical Analysis – 26th June, 2013

Last analysis expected more downwards movement. This is what happened, but price moved lower faster than expected: the target zone I had thought was about six weeks away at 1,232 to 1,216 was met in just one week. Click on the charts below to enlarge. This daily chart...

US OIL Elliott Wave Technical Analysis – 25th June, 2013

Last analysis of US Oil was two weeks ago. It expected upwards movement to complete a second wave correction with a target at 98.36 and an invalidation point very close to that at 100.43. Price moved higher as expected to reach 99.21, just 0.85 above the target,...

AAPL Elliott Wave Technical Analysis – 24th June, 2013

Last analysis had a short term target on the hourly chart at 392.37 for subminuette wave iii. Price moved lower as expected, falling short of the target by $5.68. This downwards trend is not over for the short term. Click on the charts below to enlarge. This wave...

AAPL Elliott Wave Technical Analysis – 20th June, 2013

Last analysis of AAPL expected a little upwards movement towards a short term target at 440.70 before more downwards movement for a third wave. Price barely moved sideways failing to reach the target before it turned lower with an increase in momentum. This exactly...

GOLD Elliott Wave Technical Analysis – 19th June, 2013

Last analysis expected the completion within one or two days of a small second wave correction and thereafter a trend change to the downside during the week. Downwards movement was expected to show an increase in momentum which is what we have seen in the last 24...

AAPL Elliott Wave Technical Analysis – 17th June, 2013

Last analysis of AAPL expected choppy overlapping upwards movement for a second wave correction. Price has moved sideways since last analysis. The structure of this correction is still incomplete. Click on the charts below to enlarge. This wave count expects a five...

AAPL Elliott Wave Technical Analysis – 13th June, 2013

Last analysis of AAPL expected price must move below 432.77, and was highly likely to move below 427.42 also. Price has moved below 432.77 but has just failed to move below 427.42 ending $1.33 short of this target. Click on the charts below to enlarge. This wave count...

GOLD Elliott Wave Technical Analysis – 12th June, 2013

Last week’s analysis expected a triangle to complete and a sharp upwards thrust to follow it. The triangle did complete and remained valid as price remained above 1,388.88. The sharp upward thrust did happen but it did not reach the expectation of 1,475. A...

AAPL Elliott Wave Technical Analysis – 10th June, 2013

Last analysis expected downwards movement to a short term target at 430.77 to 428.48. Price reached down to 432.77, $2 short of the target zone, before turning upwards. Overall the trend looks like it remains downwards for AAPL. Click on the charts below to enlarge....