by Lara | Apr 12, 2016 | US Oil |
Last week’s analysis of US Oil expected a correction to continue, which looks like what is happening so far. Summary: A new high above 41.90 at any stage by any amount would confirm the main wave count and invalidate the alternate. It does not mean the next wave...
by Lara | Apr 5, 2016 | US Oil |
Last week’s analysis of US Oil expected more downwards movement, which is what happened. Summary: Downwards movement is expected to continue for several weeks although it may not be in a straight line, a B wave upwards may yet unfold within it. How low downwards...
by Lara | Mar 29, 2016 | US Oil |
Again, last week’s analysis of US Oil expected downwards movement for both the main and alternate Elliott wave counts. This is what happened. Summary: Downwards movement is expected to continue for several weeks. How low downwards movement goes may indicate...
by Lara | Mar 22, 2016 | US Oil |
Last week’s analysis of US Oil expected more upwards movement to come up to touch the upper edge of a channel. This is what happened. Summary: An upwards impulse is complete. Downwards movement is expected from here. How low downwards movement goes may indicate...
by Lara | Mar 15, 2016 | US Oil |
Last week’s analysis of US Oil expected more upwards movement for the week to come up to touch the upper edge of a channel. This is what happened. Summary: The monthly chart remains clear: US Oil needs to move lower to complete a large zigzag structure at Super...
by Lara | Mar 7, 2016 | US Oil |
Last week’s analysis of US Oil expected upwards movement for the week, which is what happened. A new high above 37.75 invalidated the alternate and confirmed the main Elliott wave count. Summary: The monthly chart remains clear: US Oil needs to move lower to...
by Lara | Mar 1, 2016 | US Oil |
A new Elliott wave count resolves the problems with last week’s analysis of US Oil. Summary: The monthly chart remains clear: US Oil needs to move lower to complete a large zigzag structure at Super Cycle degree. In the short term, the new wave count expects...
by Lara | Feb 23, 2016 | US Oil |
Upwards movement above 33.60 invalidated last week’s US Oil Elliott wave count. I have three alternates for you today. Summary: The situation for US Oil for the first time in a long time is remarkably unclear. The only thing that is clear is the monthly chart...
by Lara | Feb 15, 2016 | US Oil |
Last week again expected downwards movement from Oil. Oil made a new low, and so far has made a lower high. Summary: There is only one wave count today which expects a fifth wave is extending. The first target is 14.02. The second target is 11.98. Corrections are...
