by Lara | Sep 21, 2015 | US Oil, US Oil Historical |
The Elliott wave structure still looks incomplete. A target may now be calculated for the end of it. Summary: I expect upwards movement from US Oil this week to a target at 51.20 to 51.40. This target may be met in two days time. Thereafter, the downwards trend may...
by Lara | Sep 16, 2015 | US Oil, US Oil Historical |
The Elliott wave structure looks incomplete. Summary: US Oil remains in a correction. I expect some more upwards movement before it is done. Changes and additions to last analysis are bold. MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. This wave count sees US Oil...
by Lara | Aug 17, 2015 | US Oil, US Oil Historical |
Price continues to move lower as expected. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96, and may be met in another six months time. Along the way down, corrections are very likely to find strong...
by Lara | Jul 31, 2015 | US Oil, US Oil Historical |
Price continues to move lower as expected. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96 and may be met in another six months time. A shorter term target for an interruption to the downwards trend is...
by Lara | Jul 26, 2015 | US Oil, US Oil Historical |
Primary wave 5 is still in its early stages. The Elliott wave count is adjusted and the target is recalculated. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96 and may be met in another six months time. A...
by Lara | Jul 19, 2015 | US Oil, US Oil Historical |
Primary wave 5 is in its early stages. The Elliott wave count remains the same. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96 and may be met in another six months time. A shorter term target for an...
by Lara | Jun 28, 2015 | US Oil, US Oil Historical |
The channel about intermediate wave (C) is finally breached. Summary: I am expecting a fifth wave down. Typical of commodities, this may be swift and strong and may offer an excellent trading opportunity. I am looking for an entry point to hold a trade for weeks /...
by Lara | Jun 8, 2015 | US Oil, US Oil Historical |
Upwards movement was not over and a new high was made. Thereafter, price has again turned down, but is this the end of a trend or just a correction against the trend? Summary: The strongest (and simplest) technical analysis presented below are trend lines. This...
by Lara | May 29, 2015 | US Oil, US Oil Historical |
US Oil did not continue higher towards the target which was at 64.39. It has turned lower. Summary: Upwards movement looks to be over. I am waiting now for trend channel confirmation of a trend change. When that comes I will have some confidence that primary wave 4 is...