by Lara | Mar 20, 2013 | US Oil
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...
by Lara | Mar 14, 2013 | Gold
Last week’s analysis expected gold to rise towards one of two targets. The first target was at 1,590 and the second at 1,604. Price has moved higher to reach up to 1,599.78, 4.22 below the second target. This week I expect gold to resume the downwards trend....
by Lara | Mar 13, 2013 | US Oil
Last analysis dated 5th March, 2013, expected to see oil move higher for the week which is exactly what it has done. Now that there is some structure to analyse for this upwards movement I can calculate targets for it to end. I still have just the one daily and one...
by Lara | Mar 7, 2013 | Gold
Last week’s analysis expected to see further downwards movement for gold, before a second wave correction. Price moved lower before beginning some sideways movement. This is pretty much what was expected. The wave count remains the same. I can now calculate...
by Lara | Mar 6, 2013 | US Oil
Last week’s analysis of oil expected further downwards movement for the week. The lower target for the week was 89.70. The invalidation point on the 2 hourly chart was at 95.21. Price did move lower to reach 0.35 below the target and the low for the week was...
by Lara | Feb 28, 2013 | Gold |
Last week’s analysis of gold expected price to fall for the week. A new low was made and then price moved higher, remaining below the invalidation point on the daily chart. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend...
by Lara | Feb 6, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement. Price has moved mostly sideways in a very small range. The daily chart is the same today. I have two hourly wave counts for you: the main is the same as yesterday and the alternate is the idea I outlined yesterday now...
by Lara | Feb 5, 2013 | S&P 500, S&P 500 + DJIA |
Movement to a new high above 1,514.41 invalidated the main wave count and confirmed the alternate. We have just the one wave count again and the target is the same as yesterday. The structure again must be incomplete. Click on the charts below to enlarge. The...
by Lara | Feb 4, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little more upwards movement to a target at 1,518 to 1,519 before a trend change. However, price has moved lower to reach below the invalidation point on the hourly chart. I have the same main wave count with an hourly chart, and a new...
