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US OIL Elliott Wave Technical Analysis – 20th June, 2016

Downwards movement was expected for the week. The week began with two downwards days then price turned and moved higher, but so far it has not made a new high. Summary: The short term picture for Oil is unclear. Oil may make a new high in the next few days. If it...

US OIL Elliott Wave Technical Analysis – 30th May, 2016

Price continues higher and remains within the channel as the main Elliott wave count expected. The target remains the same. Summary: Expect more upwards movement while price remains within the blue channel on the daily chart. The target remains at 55.83. When the...