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US OIL Elliott Wave Technical Analysis – 2nd March, 2018

A trend change was expected after a little more upwards movement. This is exactly what happened. Monday saw a new high; thereafter, the week saw downwards movement. Summary: The outlook will remain bearish while price remains below 66.65. A new high above 66.65 at...

SILVER Elliott Wave Technical Analysis – 1st March, 2018

Price continues to move sideways within a small consolidation. Volume may assist to tell which direction may be most likely for a breakout. Summary: A new low below 16.173 now would indicate an ongoing bear market for Silver. The target would be at 3.858. A bearish...

US OIL Elliott Wave Technical Analysis – 23rd February, 2018

Upwards movement was expected to end last week, but price continues to move higher. Volume does not support the rise in price though, and there is resistance overhead. Summary: The outlook will remain bearish while price remains below 66.65. A new high above 66.65 at...