by Lara | Nov 24, 2015 | US Oil, US Oil Historical |
Last analysis expected more downwards movement for the week which is what happened. Summary: Upwards movement is expected for the next week to a minimum at 45.65. A new high above 48.36 is possible but unlikely. When a zigzag upwards is complete, then a trend change...
by Lara | Nov 17, 2015 | US Oil, US Oil Historical |
Last analysis expected a third wave down was most likely underway. Further downwards movement fits the Elliott wave count perfectly so far. Summary: A third wave down is most likely still underway. It may unfold as a zigzag as it may be a third wave within a leading...
by Lara | Nov 10, 2015 | US Oil, US Oil Historical |
Some more upwards movement to 48.09 – 49.35 was expected. Thereafter, the main Elliott wave count expected price to turn back down. Price moved higher to reach 48.36 and turned down from there. Summary: A third wave down is most likely underway. It may unfold as...
by Lara | Nov 2, 2015 | US Oil, US Oil Historical |
Downwards movement was expected to continue, but this is not what is happening. I have two wave counts for you today that expect the same direction for the short term. Summary: At least a little more upwards movement should continue to 48.09 – 49.35. It is...
by Lara | Oct 27, 2015 | US Oil, US Oil Historical |
Downwards movement was expected. The session for 21st October provided confirmation of a trend change when it clearly breached the channel. Summary: Downwards movement should continue towards 26.86. The target may be met in another 44 days. New updates to this...
by Lara | Oct 19, 2015 | US Oil, US Oil Historical |
Downwards movement for the week was expected for US Oil. Summary: Downwards movement is still expected, but a trend change is still not yet confirmed. It is important to wait for confirmation before having confidence in this wave count. A full daily candlestick below...
by Lara | Oct 12, 2015 | US Oil, US Oil Historical |
Upwards movement to a target at 51.14 to 51.2 was expected. Price moved higher and so far has turned at 50.93 just short of the target zone. Summary: Downwards movement is expected as likely from here but is not yet confirmed. Only when price breaks below the lower...
by Lara | Oct 6, 2015 | US Oil, US Oil Historical |
The triangle completed sideways and was followed by upwards movement, as expected. The target is recalculated today. Summary: I expect a zigzag is completing upwards. The target is at 51.14 to 51.2. If it is met in three days time, the correction would last a...
by Lara | Sep 29, 2015 | US Oil, US Oil Historical |
Upwards movement was expected for the last week but did not happen. Price has moved sideways, in a decreasing range, to continue a B wave triangle. Summary: When the triangle is complete a short wave up should unfold to complete this second wave correction. The target...