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...
by Lara | Sep 5, 2016 | US Oil |
A new low below 43.51 confirmed the main daily Elliott wave count and invalidated two alternates. Summary: Classic technical analysis sees strength to current downwards movement, so it is most likely to continue. The Elliott wave count sees price now in a B wave of a...
by Lara | Aug 29, 2016 | US Oil |
Last week’s classic technical analysis saw weakness to upwards movement and expected a downwards reaction. Price has moved sideways for the week. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave...
by Lara | Aug 24, 2016 | US Oil
Last week’s analysis expected downwards movement as most likely. Price continued higher. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave correction, the multiple structural possibilities mean it is...
