by Lara | Jun 18, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – June 18, 2021 Upwards movement continues for another week. The Elliott wave target remains the same. Summary: The Elliott wave count expects upwards movement to continue to a short-term target at 76.91, with...
by Lara | Jun 11, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – June 11, 2021 Last week’s analysis of US Oil expected upwards movement to continue towards the next target, which is exactly what has happened. Summary: The main Elliott wave count expects upwards...
by Lara | Jun 4, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – June 4, 2021 An upwards week closes above prior resistance. The alternate Elliott wave count from last week now looks likely. Summary: The main Elliott wave count expects upwards movement to continue to...
by Lara | May 28, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – May 28, 2021 Although last week completed a Bearish Engulfing candlestick pattern on the weekly chart, this week has followed with upwards movement. However, volume suggests the main Elliott wave count may...
by Lara | May 21, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – May 21, 2021 It looks like at the end of this week a Bearish Engulfing pattern may be completing on the weekly chart. There is also a Bearish Engulfing candlestick reversal pattern on the daily chart. This...
by Lara | May 14, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – May 14, 2021 An inside week may be closing green. Sideways movement this week fits both Elliott wave counts. Summary: At this stage, classic technical analysis now offers slightly more support to the...
by Lara | May 7, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – May 7, 2021 A little more upwards movement this week remains below the invalidation point for the main Elliott wave count. If the main Elliott wave count is invalidated early next week, then the alternate...
by Lara | Apr 30, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – April 30, 2021 Upwards movement remains below the short-term invalidation point on the daily Elliott wave count. Summary: Downwards movement may continue for another two to four weeks to a new target zone at...
by Lara | Apr 23, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – April 23, 2021 The short-term expectation from last week’s Elliott wave count on the daily chart was for a little more upwards movement to 64.70 prior to a resumption of downwards movement. Price moved...
