by Lara | Jun 20, 2014 | US Oil, US Oil Historical |
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 105.21 invalidated the daily wave count. Summary: An important trend line has been touched. I expect downwards movement from this point. The long...
by Lara | Jun 10, 2014 | US Oil, US Oil Historical |
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 104.49 invalidated the daily wave count. I have a new wave count. A variation of prior analysis is an alternate wave count. Summary: Price should...
by Lara | Jun 6, 2014 | US Oil |
Last analysis expected that upwards movement was over and price should move lower. Price moved higher first, but remains below the invalidation point. Since reaching a high at 104.49 price has turned downwards. Summary: I expect to see an increase in downwards...
by Lara | May 29, 2014 | US Oil |
Last analysis expected that upwards movement was over and price should move lower. Price moved higher first, but remains below the invalidation point. Since reaching a high at 104.49 price has turned downwards. Summary: I expect that upwards movement is over for now....
by Lara | May 21, 2014 | US Oil |
Last analysis expected a little upwards movement to the target at 102.14 to 102.61 to last about five days. So far upwards movement has reached 102.99 and has lasted six days from last analysis. Summary: I expect that upwards movement is over for now. A clear breach...
by Lara | May 13, 2014 | US Oil
Last analysis expected a resumption of the downwards trend which is what has happened. Summary: In the short term I expect a little upwards movement to the target at 102.14 to 102.61. This may last about five days. Thereafter, I expect more downwards movement towards...
by Lara | Apr 15, 2014 | US Oil |
Last analysis looked for a channel breach on the hourly chart before confidence could be had in a trend change and downwards targets. The channel was not breached and upwards movement continued. Price remains below the invalidation point on the daily chart. Click on...
by Lara | Apr 1, 2014 | US Oil |
Last week’s analysis expected more upwards movement to a target at 101.76 to 102.71. So far price has reached up to 102.24. We may use a trend channel on the hourly chart to see if it has turned here. Once this channel is breached I will have confidence in the...
by Lara | Mar 26, 2014 | US Oil |
Last analysis looked for the arrival of a second wave correction. The correction was indicated when the channel on the hourly chart was breached. The correction is most likely incomplete. I am now expecting price to move higher to a short term target at 101.76 to...
