by Lara | May 22, 2013 | US Oil
This deeper than expected upwards movement has indicated the prior wave count may be incorrect, although the daily chart remained valid. I have taken another look at the bigger picture. I expect this upwards movement may be part of a larger second wave correction....
by Lara | May 21, 2013 | Apple
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...
by Lara | May 17, 2013 | Apple
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...
by Lara | May 16, 2013 | Gold
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...
by Lara | May 15, 2013 | US Oil
Last week’s analysis expected oil to move lower which is what has happened. The channel about the last upwards wave on the daily chart is now breached providing trend channel confirmation of a trend change back to the downside for oil. Click on the charts below...
by Lara | May 14, 2013 | Apple
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...
by Lara | May 10, 2013 | Apple
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...
by Lara | May 9, 2013 | Gold
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...
by Lara | May 8, 2013 | US Oil |
Last analysis expected to see downwards movement after the channel drawn on the hourly chart was breached. The channel was breached, but thereafter price moved to a new high as a fourth wave correction continued deeper. This week the structure of this fourth wave is...
