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US OIL Elliott Wave Technical Analysis – 9th March, 2018

A small bounce was expected before the continuation of a downwards trend. Price has moved slightly lower for the week, but with a very small real body mostly price moved sideways. The outlook remains the same. Summary: The outlook will remain bearish while price...

SILVER Elliott Wave Technical Analysis – 8th March, 2018

A new low below 16.173 favours the main Elliott wave count. Volume suggests the breakout direction from a large symmetrical triangle on the weekly chart. Summary: Expect a bounce here to about 17.035 – 17.109. Thereafter, a large downwards wave may develop. A...