Last analysis of US Oil expected more downwards movement towards a target at 87.82 to 88.72. Price has moved lower and the target has not been yet met, the structure is incomplete.Now there is more structure of this long downwards wave to analyse I am changing the wave count within it. Two fourth wave triangles indicate it is much closer […]
Last week movement below 20.512 invalidated the main wave count and confirmed the alternate. At that stage the analysis for the alternate wave count expected a continuation of downwards movement. I have just the one wave count for you this week.Click on the charts below to enlarge.Minor wave B is an incomplete zigzag.Within minor wave B minute wave a subdivides […]
Last week’s analysis of US Oil expected more downwards movement towards a target at 88.83 to 87.82. Price has moved lower. The structure is incomplete and the target has not yet been reached. The wave count remains 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 […]
GOLD Elliott Wave Technical Analysis By: Lara Iriarte | Tue, Nov 5, 2013 SharePrintEmailYesterday’s analysis expected downwards movement to a minimum of 1,308 before
upwards movement. Price moved lower as expected, reaching down to 1,305.97.The corrective structure of minute wave b is still incomplete.Larger
ImageThe structure for primary wave 4 cannot be a flat correction, because what
would be the B […]
