by Lara | Dec 6, 2013 | US Oil
Last week’s analysis expected an end to a fourth wave correction within one or two days, to be followed by more downwards movement for a fifth wave. There is now a clear five down on the daily chart. Upwards movement has breached a channel containing this...
by Lara | Nov 27, 2013 | US Oil
Last week’s US Oil analysis expected more downwards movement towards 89.83 for the end of a third wave. Price did not move lower. Instead, it has moved a little higher and sideways. The third wave was already over, and sideways and higher movement is the...
by Lara | Nov 19, 2013 | US Oil |
Last analysis of US Oil expected more downwards movement towards a target at 87.82 to 88.72. Price has moved lower and the target has not been yet met, the structure is incomplete. Now there is more structure of this long downwards wave to analyse I am changing the...
by Lara | Nov 9, 2013 | US Oil |
Last analysis for US Oil on 1st November expected more downwards movement towards a target at 91.74 to 91.33 before a small fourth wave correction. Price reached down to 93.07, $1.33 short of the target, before turning up for a small correction. The wave count remains...
by Lara | Nov 3, 2013 | US Oil
Last analysis on 23rd October had a short to mid term target at 94.46. Price reached down to 94.36, but the structure is incomplete and price should continue lower. Click on the charts below to enlarge. The bigger picture sees US Oil in a new downwards trend to last...
by Lara | Oct 23, 2013 | US Oil |
Last analysis expected overall downwards movement for oil which is what has happened. The wave count remains the same. Click on the charts below to enlarge. The bigger picture sees US Oil in a new downwards trend to last from one to several years. When I can see a...
by Lara | Oct 9, 2013 | US Oil |
Last analysis expected downwards movement to a short term target at 99.75 to 97.96 before the beginning of a fourth wave correction. Price moved lower to reach down to 101.07, 1.32 short of the target, before turning upwards in typically corrective movement. Click on...
by Lara | Sep 26, 2013 | US Oil |
From yesterday downwards movement was expected, and did happen. I can update the wave count slightly for you today with a channel to show where the next fourth wave should find resistance.
by Lara | Sep 26, 2013 | US Oil
Last week expected one final fifth wave before a trend change. That is not what happened. The trend change may have already occurred. Oil has been a frustrating market to analyse for the last month or so. I am very keen to get it right this week! Click on the charts...