Last week expected downwards movement from Oil.

Price came back up to touch the trend line and then has overall moved lower.

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

Upwards movement has breached the cyan line which was providing resistance on the last updated US Oil daily chart. This indicates a trend change.

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