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AAPL Elliott Wave Technical Analysis – 20th May, 2013

Last analysis expected a little more downwards movement from Apple before a correction. Price has not move lower. Price has moved higher but remains below the invalidation point. I have considered various alternatives for this most recent movement down from the high...

AAPL Elliott Wave Technical Analysis – 16th May, 2013

Analysis of AAPL at the beginning of this week expected upwards movement extremely likely to move above 469.95. Price did not move higher, and although the wave count is not yet invalidated at the hourly chart level it does not look right. I have adjusted the wave...

GOLD Elliott Wave Technical Analysis – 15th May, 2013

Last week’s analysis of gold expected downwards movement to a target for the week at 1,416. So far price has reached 28.74 below the target. Price is on track to meet the first target on the daily chart at 1,276. Click on the charts below to enlarge. This daily...

AAPL Elliott Wave Technical Analysis – 13th May, 2013

Last analysis expected a little more downwards movement to just below 453.70. Price has moved slightly lower to 450.48 so far, but has not convincingly turned upwards yet since the low. The wave count remains the same. I still expect it is highly likely price will...

AAPL Elliott Wave Technical Analysis – 9th May, 2013

Last analysis expected upwards movement for Apple. Price moved a little lower and mostly sideways over the last three days, but remains above the invalidation point on the hourly chart (although this really is too far away to be useful). A breach of the parallel...

GOLD Elliott Wave Technical Analysis – 8th May, 2013

Last week’s analysis of gold expected downwards movement. We have seen some downwards movement, but before price moved lower a breach of 1,485.49 invalidated the hourly wave count. Price remains below the invalidation point on the daily wave count. I have...

AAPL Elliott Wave Technical Analysis – 6th May, 2013

Last analysis expected upwards movement from Apple which is what we have seen. The target remains at 518.48 and has not yet been reached. I expect more upwards movement. Click on the charts below to enlarge. This wave count expects a five wave impulse for a cycle...

AAPL Elliott Wave Technical Analysis – 2nd May, 2013

Last analysis expected downwards movement from AAPL, but this is not what happened. Upwards movement has moved above the invalidation point on the hourly and daily charts. The wave count has been reanalysed. This upwards movement is a correction of a larger degree. It...