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 | Sep 19, 2013 | US Oil
Last analysis expected Oil to move higher for a final fifth wave. This is not what happened. Price moved sideways then lower to breach the invalidation point on the hourly chart. The daily chart remains valid. The wave count remains mostly the same. A final fifth wave...
by Lara | Sep 11, 2013 | US Oil
Last week’s analysis expected upwards movement in a zigzag structure which is what has happened. The upwards zigzag is incomplete. Click on the charts below to enlarge. Cycle wave b is incomplete, and is unfolding as a double zigzag. Primary wave X within it was...
by Lara | Sep 5, 2013 | US Oil
Last week’s analysis expected more upwards movement from US Oil, which is not what happened. Price has moved lower to breach the invalidation point at 108.17 on the daily chart. Click on the charts below to enlarge. Cycle wave b is incomplete, and is unfolding...
