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...
by Lara | Apr 16, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – April 16, 2021 A little upwards movement this week sees price remain below the short-term invalidation point as a B wave continues. The targets for a larger consolidation or pullback remain the same....
by Lara | Apr 9, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – April 9, 2021 The Elliott wave count expected that a B wave may be unfolding sideways. A small range downwards week remains within a consolidation zone and fits expectations. Summary: For the short term,...
by Lara | Apr 2, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – April 2, 2021 Price is now range bound with resistance about 62 and support about 57. The Elliott wave count now expects that a B wave is unfolding. Summary: A pullback or consolidation may continue for a...
by Lara | Mar 26, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – March 26, 2021 Another downwards week was expected. Targets for the pullback to end remain the same. Summary: A pullback or consolidation may continue for a few to several weeks. A first target is at 54.86....
by Lara | Mar 19, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – March 19, 2021 Downwards movement during the week is exactly what was expected. Targets remain the same. Summary: A pullback or consolidation may continue for several weeks. A first target is at 54.86....
by Lara | Mar 12, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – March 12, 2021 A target for upwards movement to end for the week was at 68.49. Price reached 67.97, 0.52 short of the target. Summary: A pullback or consolidation may last several weeks. A first target is at...
by Lara | Mar 5, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – March 5, 2021 Upwards movement continues. A new daily Elliott wave count is used this week. Summary: A target for upwards movement to end is now at 68.49. The next pullback or consolidation may last several...
by Lara | Feb 26, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – February 26, 2021 Downwards movement was expected, but without a breach of the channel on the daily chart this expectation did not have substantial confidence. Summary: Another bearish candlestick reversal...