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US OIL Elliott Wave Technical Analysis – 8th February, 2016

by Lara | Feb 8, 2016 | US Oil, US Oil Historical | 37 comments

Last week expected downwards movement from Oil. Price came back up to touch the trend line and then has overall moved lower. Summary: A fifth wave may be extending, and it may be strong as is typical for commodities. If targets are wrong, they may not be low enough....

US OIL Elliott Wave Technical Analysis – 24th January, 2016

by Lara | Jan 24, 2016 | US Oil, US Oil Historical | 55 comments

Upwards movement has breached the cyan line which was providing resistance on the last updated US Oil daily chart. This indicates a trend change. Summary: A correction for minor 4 looks to have arrived and at this early stage it is most likely to be a quick sharp...

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