by Lara | Jul 19, 2015 | US Oil, US Oil Historical |
Primary wave 5 is in its early stages. The Elliott wave count remains the same. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96 and may be met in another six months time. A shorter term target for an...
by Lara | Jun 28, 2015 | US Oil, US Oil Historical |
The channel about intermediate wave (C) is finally breached. Summary: I am expecting a fifth wave down. Typical of commodities, this may be swift and strong and may offer an excellent trading opportunity. I am looking for an entry point to hold a trade for weeks /...
by Lara | Jun 8, 2015 | US Oil, US Oil Historical |
Upwards movement was not over and a new high was made. Thereafter, price has again turned down, but is this the end of a trend or just a correction against the trend? Summary: The strongest (and simplest) technical analysis presented below are trend lines. This...
by Lara | May 29, 2015 | US Oil, US Oil Historical |
US Oil did not continue higher towards the target which was at 64.39. It has turned lower. Summary: Upwards movement looks to be over. I am waiting now for trend channel confirmation of a trend change. When that comes I will have some confidence that primary wave 4 is...
by Lara | May 26, 2015 | US Oil, US Oil Historical |
US Oil continues to behave as expected. Summary: Upwards movement is very close to completion. The target is at 64.39. Click chart to enlarge. This wave count sees US Oil as within a big super cycle wave (II) zigzag. Cycle wave c is highly likely to move at least...
by Lara | May 20, 2015 | US Oil |
Chart only today. To see a thorough analysis go here. Summary: The small fourth wave continued sideways as a double flat. The target is slightly recalculated to 64.39. Click charts to enlarge. At 64.39 minuette wave v would reach 0.618 the length of minute wave...
by Lara | Apr 29, 2015 | US Oil, US Oil Historical |
While Gold may be in a consolidation phase and difficult to analyse, US Oil has been behaving exactly as expected. Summary: The corrective structure is now clearer. The higher target zone of 59.07 – 61.57 is almost reached. The structure is incomplete. The...
by Lara | Mar 19, 2015 | US Oil, US Oil Historical |
A big fourth wave correction is unfolding as expected from last Elliott wave analysis. Now there there is more structure to analyse a better target may be calculated. Summary: I expect either some upwards movement to end 59.07 – 61.57 to be reached in about six...
by Lara | Feb 10, 2015 | US Oil, US Oil Historical |
It looks like the third wave is finally over at 43.58, just $0.85 below the final target calculated at 44.43. Summary: I expect choppy overlapping movement for about 28 to 34 weeks in total (another 26 to 32 weeks following the date of this analysis) for a sideways...
