Last week expected downwards movement from Oil.
Price came back up to touch the trend line and then has overall moved lower.
Continue reading US OIL Elliott Wave Technical Analysis – 8th February, 2016
Tag Archives: elliott wave counts oil
US OIL Elliott Wave Technical Analysis – 24th January, 2016
Upwards movement has breached the cyan line which was providing resistance on the last updated US Oil daily chart. This indicates a trend change.
Continue reading US OIL Elliott Wave Technical Analysis – 24th January, 2016
US OIL Elliott Wave Technical Analysis – 4th January, 2016
The Elliott wave count remains the same.
There is still only one Elliott wave count for US Oil.
Continue reading US OIL Elliott Wave Technical Analysis – 4th January, 2016
US OIL Elliott Wave Technical Analysis – 14th December, 2015
The structure is becoming a little clearer. There is only one daily Elliott wave count this week.
Continue reading US OIL Elliott Wave Technical Analysis – 14th December, 2015
US OIL Elliott Wave Technical Analysis – 7th December, 2015
An update to last analysis expected downwards movement to a target at 38.33. Price moved lower to reach 37.50 so far.
Continue reading US OIL Elliott Wave Technical Analysis – 7th December, 2015
US OIL Elliott Wave Technical Analysis – 30th November, 2015
Upwards movement was expected for the week, which is what happened overall.
Continue reading US OIL Elliott Wave Technical Analysis – 30th November, 2015
US OIL Elliott Wave Technical Analysis – 24th November, 2015
Last analysis expected more downwards movement for the week which is what happened.
Continue reading US OIL Elliott Wave Technical Analysis – 24th November, 2015
US OIL Elliott Wave Technical Analysis – 17th November, 2015
Last analysis expected a third wave down was most likely underway.
Further downwards movement fits the Elliott wave count perfectly so far.
Continue reading US OIL Elliott Wave Technical Analysis – 17th November, 2015
US OIL Elliott Wave Technical Analysis – 10th November, 2015
Some more upwards movement to 48.09 – 49.35 was expected. Thereafter, the main Elliott wave count expected price to turn back down.
Price moved higher to reach 48.36 and turned down from there.
Continue reading US OIL Elliott Wave Technical Analysis – 10th November, 2015
US OIL Elliott Wave Technical Analysis – 3rd November, 2015
Downwards movement was expected to continue, but this is not what is happening.
I have two wave counts for you today that expect the same direction for the short term.
Continue reading US OIL Elliott Wave Technical Analysis – 3rd November, 2015
US OIL Elliott Wave Technical Analysis – 26th October, 2015
Downwards movement was expected.
The session for 21st October provided confirmation of a trend change when it clearly breached the channel.
Continue reading US OIL Elliott Wave Technical Analysis – 26th October, 2015
US OIL Elliott Wave Technical Analysis – 19th October, 2015
Downwards movement for the week was expected for US Oil.
Continue reading US OIL Elliott Wave Technical Analysis – 19th October, 2015
US OIL Elliott Wave Technical Analysis – 12th October, 2015
Upwards movement to a target at 51.14 to 51.2 was expected.
Price moved higher and so far has turned at 50.93 just short of the target zone.
Continue reading US OIL Elliott Wave Technical Analysis – 12th October, 2015