Financial Independence

Crude Oil forecast as of 11/06/2009

Lilianne — Sun, 08 Nov 2009 17:45:40 +0000

Nothing has changed when it comes to crude oil. Market is still consolidating and Elliott continues showing “Zig-Zag” (ZZ) 3^rd wave in the range of 73.29 – 102.46 between August 10^th and October 6^th.This wave can last until November 23^rd before this specific combination would come invalid. Price wise, there is plenty of room to go.

Gold forecast as of 11/06/2009

Lilianne — Sun, 08 Nov 2009 17:40:37 +0000

Gold – Elliott shows still (independent of last week new highs) that the “Zig-Zag”(ZZ) up is done and market is in the process of new wave down. We need a little longer and deeper correction, to get clearer picture, what is actually going on.

British Pound forecast as of 11/06/2009

Lilianne — Sun, 08 Nov 2009 17:37:47 +0000

GBPUSD –Elliott shows that market is in the process of ZZ 3^rd wave in the range of 1.7036 – 1.9617 between December 1^st and May 11^th .

Market move below recent lows means that ZZ 2^nd wave is not complete after all.

Euro forecast as of 11/06/2009

Lilianne — Sun, 08 Nov 2009 17:34:41 +0000

Right now, Elliott shows that DZ 3^rd wave ZZ is complete and new longer term wave down has started. This new wave is way too short to reliably forecast what it will be and how deep will move and long it will last.

Schedule change.

Lilianne — Wed, 04 Nov 2009 17:01:49 +0000

There will be slight schedule change for Elliott wave forecasts. Instead of Tuesdays, the forecasts will be posted over the weekend to refelct the previous week’s move.

Crude Oil forecast as of 10/27/2009

Lilianne — Wed, 28 Oct 2009 04:17:43 +0000

QMZ9 – Market is consolidating but Elliott continues showing “Zig-Zag” (ZZ) 3^rd wave in the range of 73.29 – 102.46 between August 10^th and October 6^th.This wave can last until November 23^rd before this specific combination would come invalid. Price wise, there is plenty of room to go.

Move down to low 70s will signal likely the finish of the current up wave.

Zig-Zag is a three wave pattern, where 1st and 3nd wave is Impulse and the 2nd wave is corrective in nature.

Gold forecast as of 10/27/2009

Lilianne — Wed, 28 Oct 2009 04:16:47 +0000

Gold – Elliott shows yet again that the “Zig-Zag”(ZZ) up is done and market is in the process of new wave down. We need a little longer and deeper correction, to get clearer picture, what is actually going on.

Zig-Zag is a three wave pattern, where 1st and 3nd wave is Impulse and the 2nd wave is corrective in nature.

British Pound forecast as of 10/27/2009

Lilianne — Wed, 28 Oct 2009 04:15:53 +0000

GBPUSD –Elliott shows that market finished “Zig-Zag” (ZZ) 2^nd wave and is in the process of ZZ 3^rd wave in the range of 1.7036 – 1.9617 between December 1^st and May 11^th .

Market move below recent lows means that ZZ 2^nd wave is not complete after all.

Zig-Zag is a three wave pattern, where 1st and 3nd wave is Impulse and the 2nd wave is corrective in nature.

Euro forecast as of 10/27/2009

Lilianne — Wed, 28 Oct 2009 04:13:47 +0000

EURUSD – Although market dropped, Elliott is still showing “Double Zig-Zag” (DZ) 3^rd wave in the range of 1.5496 – 1.5909 between September 2^nd and October 26^th .

Continuous move down will most likely trigger a forecast where DZ is done and new wave down has started but until such confirmation, there is no such certainty.

Double Zig-Zag is a three wave pattern, where 1st and 3nd wave is Zig-Zag and the 2nd wave is corrective in nature.

Crude Oil forecast as of 10/19/2009

Lilianne — Tue, 20 Oct 2009 01:43:22 +0000

QMX9 – Market continued moving up and Elliott continues showing “Zig-Zag” (ZZ) 3^rd wave in the range of 73.29 – 102.46 between August 10^th and October 6^th.This wave can last until November 23^rd before this specific combination would come invalid. Price wise, there is plenty room to go.

Zig-Zag is a three wave pattern, where 1st and 3nd wave is Impulse and the 2nd wave is corrective in nature.