cycle-wave

US OIL Elliott Wave Technical Analysis by Lara – 28th January, 2014 …

Last analysis of US Oil on 17th December, 2013 expected more upwards movement towards a target at 103.21 to 104.42. Price moved higher as expected, but fell short of the target reaching only to 100.76.The wave count remains the same.Click on the charts below to enlarge.The bigger picture sees US Oil in a large second wave correction at super cycle […]

January 29, 2014 ByLara below-the-small, channel, count, cycle, cycle-wave, lower, minor, price, remain-the-same, structure, that-the-second, wave Comments Off read more

FTSE Elliott Wave Technical Analysis by Lara – 6th January, 2014 …

Last analysis expected downwards movement to be a second wave correction. This now looks very unlikely because the second wave would have breached the lower edge of an acceleration channel drawn about the first and second wave of one degree higher. What is now more likely is a continuation of intermediate wave (4) as a regular flat correction.Click on the […]

January 7, 2014 ByLara because-the-second, count, cycle-wave, flat, intermediate, lower, primary-wave, stage-it-looks, then-it-would Comments Off read more