The structure is becoming a little clearer. There is only one daily Elliott wave count this week.

Continue reading US OIL Elliott Wave Technical Analysis – 14th December, 2015 →

Upwards movement was expected for the week, which is what happened overall.

Continue reading US OIL Elliott Wave Technical Analysis – 30th November, 2015 →

Last analysis expected more downwards movement for the week which is what happened.

Continue reading US OIL Elliott Wave Technical Analysis – 24th November, 2015 →

Last analysis expected a third wave down was most likely underway.

Further downwards movement fits the Elliott wave count perfectly so far.

Continue reading US OIL Elliott Wave Technical Analysis – 17th November, 2015 →

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.

Continue reading US OIL Elliott Wave Technical Analysis – 10th November, 2015 →

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.

Continue reading US OIL Elliott Wave Technical Analysis – 3rd November, 2015 →

Downwards movement was expected.

The session for 21st October provided confirmation of a trend change when it clearly breached the channel.

Continue reading US OIL Elliott Wave Technical Analysis – 26th October, 2015 →

Downwards movement for the week was expected for US Oil.

Continue reading US OIL Elliott Wave Technical Analysis – 19th October, 2015 →

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.

Continue reading US OIL Elliott Wave Technical Analysis – 12th October, 2015 →

The triangle completed sideways and was followed by upwards movement, as expected.

The target is recalculated today.

Continue reading US OIL Elliott Wave Technical Analysis – 6th October, 2015 →

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.

Continue reading US OIL Elliott Wave Technical Analysis – 29th September, 2015 →

The Elliott wave structure still looks incomplete. A target may now be calculated for the end of it.

Continue reading US OIL Elliott Wave Technical Analysis – 21st September, 2015 →

The Elliott wave structure looks incomplete.

Continue reading US OIL Elliott Wave Technical Analysis – 15th September, 2015 →