fibonacci-ratio

FTSE Elliott Wave Technical Analysis by Lara – 4th July, 2014 …

Last analysis of FTSE was invalidated by downwards movement. I had expected to see a long extended fifth wave following a fourth wave barrier triangle, but the fifth wave was very brief and was over already.Click on charts to enlarge.The bigger picture sees FTSE in a huge correction for a super cycle wave (II).Super cycle wave (II) may be either […]

US OIL Elliott Wave Technical Analysis – 17th December, 2013 …

Last analysis expected more downwards movement towards a short term target at 96.49. Downwards movement reached 96.21. Price turned upwards from there.The wave count is the same.Click on the charts below to enlarge.The bigger picture sees US Oil in a new downwards trend to last from one to several years. There is now a clear five wave structure downwards on […]