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US OIL Elliott Wave Technical Analysis – 13th April, 2018

A new high above 66.65 has substantially reduced the probability of the main Elliott wave count and increased the probability of the alternate. This week the two wave counts should be swapped over. Summary: The probability that Oil is in a huge new bull market looks...

GOLD Elliott Wave Technical Analysis – 4th April, 2018

A downwards swing was expected to continue. Members were warned that within this consolidation price should not be expected to move in a straight line. The whipsaw today is a good illustration of risk within consolidations. Summary: Expect this downwards swing to...

US OIL Elliott Wave Technical Analysis – 30th March, 2018

A turn was expected. Price has remained just below the invalidation point and printed a red weekly candlestick. Summary: Price must continue lower here for the main Elliott wave count. A new high above 66.65 would substantially reduce the probability of the bearish...

US OIL Elliott Wave Technical Analysis – 16th March, 2018

Another small range week, this time an inside week, does not change the Elliott wave analysis. Summary: The outlook will remain bearish while price remains below 66.65. A new high above 66.65 at this stage would be very bullish. In the short term, still look for a...

US OIL Elliott Wave Technical Analysis – 23rd February, 2018

Upwards movement was expected to end last week, but price continues to move higher. Volume does not support the rise in price though, and there is resistance overhead. Summary: The outlook will remain bearish while price remains below 66.65. A new high above 66.65 at...