by Lara | Mar 21, 2013 | Gold
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...
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 19, 2013 | Apple |
With movement above the invalidation point on the hourly chart and above the parallel channel on the daily chart, I have changed the wave count at intermediate degree. Upwards movement is not a low degree second wave correction. I have it at intermediate wave degree....
by Lara | Mar 14, 2013 | Apple
Last analysis of AAPL expected downwards movement to increase in momentum. Price has moved slightly lower, and has remained below the invalidation point on the hourly chart, but momentum has not increased. The wave count remains the same. It may be that we shall yet...
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 12, 2013 | Apple
Last analysis expected price to move lower with an increase in momentum. This is not what has happened. Price moved higher past the first invalidation point on the hourly chart, but has remained below the second invalidation point and within the parallel channel on...
by Lara | Mar 8, 2013 | Apple
The last three days has seen a small degree correction begin. Price has remained well below the invalidation point on the hourly chart and within the parallel channel also. This wave count is unfolding as expected. Click on the charts below to enlarge. This main wave...
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...