by Lara | Jun 20, 2014 | US Oil, US Oil Historical |
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 105.21 invalidated the daily wave count. Summary: An important trend line has been touched. I expect downwards movement from this point. The long...
by Lara | Jun 10, 2014 | US Oil, US Oil Historical |
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 104.49 invalidated the daily wave count. I have a new wave count. A variation of prior analysis is an alternate wave count. Summary: Price should...
by Lara | Mar 18, 2014 | US Oil, US Oil Historical |
Last analysis on 26th February expected more upwards movement towards a target at 105.80 to 107.63. Price moved up to 105.21 where it turned. In the short term I am looking for a second wave correction to show soon, and its arrival will be confirmed with a breach of...
by Lara | Jan 9, 2014 | US Oil, US Oil Historical |
Last analysis of US Oil on 17th December, 2013 expected more upwards movement towards a target at 103.21 to 104.42. Price moved higher as expected, but fell short of the target reaching only to 100.76. The wave count remains the same. Click on the charts below to...
by Lara | Aug 28, 2013 | US Oil, US Oil Historical |
Movement above 110.56 has invalidated the main monthly wave count and confirmed the alternate. This upwards movement is not yet over. Click on the charts below to enlarge. Movement above 110.56 has confirmed this wave count. Cycle wave b is not over and is completing...
by Lara | Jul 24, 2013 | US Oil, US Oil Historical
Oil has moved higher as expected for the week, remaining just below the invalidation point. If price breaks above 110.56 in the next one to few weeks this wave count will change significantly. I will briefly cover the alternate for this scenario today. Click on the...
by Lara | Feb 20, 2013 | US Oil, US Oil Historical
My last oil analysis was over a year ago and it expected price to move lower. Price has mostly moved sideways in a decreasing range for the last year. My wave count at the monthly chart level is changed very little. I have a new monthly alternate. Click on the charts...
