by Lara | Feb 19, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – February 19, 2021 The next target for upwards movement to be interrupted was at 61.11. Price this week has passed this target by 1.05. Summary: A bearish candlestick reversal pattern with support from volume...
by Lara | Feb 12, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – February 12, 2021 The next target for upwards movement to be interrupted was at 58.41. Price this week has passed this target by 1.4. Summary: Assume price will keep going up while price remains within the...
by Lara | Feb 5, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – February 5, 2021 Upwards movement this week continued as the Elliott wave count expected, but the target at 55.40 was inadequate. Summary: A new target for the upwards trend to end (for the mid term) is at...
by Lara | Jan 29, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – January 29, 2021 An inside week this week leaves the main and alternate Elliott wave counts the same. Summary: Classic analysis suggests a high may be in place for the short to mid term, but the Elliott wave...
by Lara | Jan 22, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – January 22, 2021 Downwards movement for the week has found support exactly at the lower edge of the channel on the daily chart. Price remains above the invalidation point. The Elliott wave counts remain the...
by Lara | Jan 15, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – January 15, 2021 Again, more upwards movement has unfolded as expected. Price remains within the channel on the daily chart. Summary: Classic analysis suggests a high may be in place for the short to mid...
by Lara | Jan 8, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – January 8, 2021 The upwards trend was expected to continue. Price continues to move higher towards the Elliott wave target. Summary: An upwards trend may continue. A short-term classic analysis target from a...
by Lara | Dec 31, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – December 31, 2020 An inside week sees price move sideways with declining volume. A pennant pattern may have formed. The flag pole is used to calculate a target. Summary: An upwards trend may continue. A new...
by Lara | Dec 24, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – December 24, 2020 Sideways and slightly lower movement this week with a bearish candlestick pattern sees three short-term Elliott wave counts considered. Summary: An upwards trend may continue. A new...
