by Lara | Nov 8, 2016 | US Oil |
Again, downwards movement continues as expected. The target and minimum requirement remain the same based on Elliott wave structure. Summary: The target for the next wave down is at 19.28. Downwards movement is supported by volume. In the short term, oversold...
by Lara | Nov 1, 2016 | US Oil |
Last week the US Oil Elliott wave and classic technical analyses were in agreement that there had been a trend change for Oil. Downwards movement was expected. This is what happened. Summary: The target for the next wave down is at 19.28. Downwards movement is...
by Lara | Oct 25, 2016 | US Oil |
Last analysis was down to only one Elliott wave count as the structure became clearer. A short term target for a little more upwards movement was at 53.30. Price has reached so far up to 51.93. Summary: A trend change may have occurred for Oil four days ago. The...
by Lara | Oct 19, 2016 | US Oil |
Price has moved sideways since last Elliott wave and technical analysis. Summary: A short term target for upwards movement to end is at 53.30. If this target is wrong, it may be too low. Thereafter, a trend change is expected: a downwards wave for Oil to a minimum of...
by Lara | Oct 11, 2016 | US Oil |
Downwards movement was expected as likely for this last week. Price has moved higher. Summary: Upwards movement is showing some weakness and may end here or soon. The next wave down should end at 28.61 or below. New updates to this analysis are in bold. MONTHLY...
by Lara | Oct 5, 2016 | US Oil |
With price consolidating and the Elliott wave count in either a B or an X wave, classic technical analysis may be a better guide to what Oil may do next. Summary: Support and resistance suggest a downwards swing from about here to end only when price finds support...
by Lara | Sep 28, 2016 | US Oil |
Last week’s classic technical analysis diverged from the Elliott wave count. Price has moved mostly sideways. Summary: This week both Elliott wave counts expect downwards movement for the next week, and volume supports this view. New updates to this analysis are...
by Lara | Sep 21, 2016 | US Oil |
Last week’s analysis expected overall downwards movement. Since last analysis Oil has made a lower low. Summary: Classic technical analysis this week expects upwards movement from here, and both Elliott wave counts expect downwards movement. If price breaks...
by Lara | Sep 13, 2016 | US Oil |
Both Elliott wave counts expect Oil to move in the same direction next. Summary: Both wave counts expect downwards movement for the next week to a minimum at 40.18. Thereafter the wave counts diverge. New updates to this analysis are in bold. MONTHLY ELLIOTT WAVE...
