by Lara | Aug 6, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – August 6, 2021 Downwards movement this week remains within the channel and above the invalidation point on the main Elliott wave count. The lower edge of the channel is providing support, so far. The...
by Lara | Jun 18, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – June 18, 2021 Upwards movement continues for another week. The Elliott wave target remains the same. Summary: The Elliott wave count expects upwards movement to continue to a short-term target at 76.91, with...
by Lara | Apr 30, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – April 30, 2021 Upwards movement remains below the short-term invalidation point on the daily Elliott wave count. Summary: Downwards movement may continue for another two to four weeks to a new target zone at...
by Lara | Apr 23, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – April 23, 2021 The short-term expectation from last week’s Elliott wave count on the daily chart was for a little more upwards movement to 64.70 prior to a resumption of downwards movement. Price moved...
by Lara | Feb 12, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – February 12, 2021 The next target for upwards movement to be interrupted was at 58.41. Price this week has passed this target by 1.4. Summary: Assume price will keep going up while price remains within the...
by Lara | Dec 24, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – December 24, 2020 Sideways and slightly lower movement this week with a bearish candlestick pattern sees three short-term Elliott wave counts considered. Summary: An upwards trend may continue. A new...
by Lara | Nov 6, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – November 6, 2020 Downwards movement has continued as expected this week with a lower low and a lower high, but the week will close green with a strong bounce. Summary: Downwards movement may overall continue...
by Lara | Sep 18, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – September 18, 2020 A bounce this week remains below the short-term invalidation point. Volume supports the Elliott wave count. Summary: Oil may have found a major sustainable low. A multi-week pullback is...
by Lara | Jul 31, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – July 31, 2020 A downwards week only fits the main daily Elliott wave count, which is the only remaining short-term wave count this week. The two alternates are now invalidated. Summary: Oil may have found a...