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US Oil Elliott Wave Technical Analysis – 2nd April, 2013

The main wave count on last analysis expected more upwards movement from Oil towards a short to mid term target at 94.3 to 94.84. Price did continue higher to reach 2.89 above the target zone at 97.73, remaining below the invalidation point which is very close by now...

AAPL Elliott Wave Technical Analysis – 1st April, 2013

Last AAPL analysis expected price to move lower to a short term target at 437.5 before turning higher for an upwards correction. Price did move lower to 433.30, 4.2 below the target, and then moved sideways a little. This sideways movement may have been the B wave I...

AAPL Elliott Wave Technical Analysis – 28th March, 2013

Last analysis expected price to move lower for a few days which is exactly what happened for Apple. Movement below 457.98 confirmed that Apple had seen a short term trend change and at that stage I had more confidence that it should continue lower. The wave count...

Gold Elliott Wave Technical Analysis – 27th March, 2013

Last analysis expected more upwards movement before a short term trend change. Upwards movement did make a new high and complete the structure. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of primary wave C. Within primary...

AAPL Elliott Wave Technical Analysis – 25th March, 2013

Last analysis for AAPL expected price to continue higher to a short term target at 471.82. Upwards movement did continue, reaching up to 469.95 so far, 1.87 short of the target. This analysis expects to see choppy overlapping generally trending downwards movement for...

AAPL Elliott Wave Technical Analysis – 21st March, 2013

Last analysis of AAPL expected downwards and sideways movement to reach to about 445.20 in about one or two sessions. Price moved lower and has reached 448.50, 3.3 short of the target. Sideways movement lasted a bit longer than two sessions. The wave count is the...

Gold Elliott Wave Technical Analysis – 20th March, 2013

Movement above 1,599.78 invalidated the main wave count from last analysis and confirmed the alternate. At that stage price was expected to be in a higher degree longer lasting correction with an initial expected target about 1,646. Click on the charts below to...

US Oil Elliott Wave Technical Analysis – 19th March, 2013

Last week’s oil analysis expected overall upwards movement for the week. Price moved $1.50 higher during the week. At this stage I think it is most likely that the correction is incomplete. I would expect another couple of days or so of upwards movement before a...