by Lara | Aug 13, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – August 13, 2021 The main Elliott wave count expected upwards movement for this week. Price has moved lower and looks like it may close as a doji, with the low for the week falling just short of the...
by Lara | Jun 25, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – June 25, 2021 Last week’s analysis expected more upwards movement for Oil, which is what has happened. The Elliott wave count remains the same. Summary: The Elliott wave count expects upwards movement...
by Lara | May 7, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – May 7, 2021 A little more upwards movement this week remains below the invalidation point for the main Elliott wave count. If the main Elliott wave count is invalidated early next week, then the alternate...
by Lara | Feb 19, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – February 19, 2021 The next target for upwards movement to be interrupted was at 61.11. Price this week has passed this target by 1.05. Summary: A bearish candlestick reversal pattern with support from volume...
by Lara | Dec 31, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – December 31, 2020 An inside week sees price move sideways with declining volume. A pennant pattern may have formed. The flag pole is used to calculate a target. Summary: An upwards trend may continue. A new...
by Lara | Nov 13, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – November 13, 2020 Upwards movement did not make a new swing high but did move beyond the invalidation point on daily charts. The bigger picture remains the same. Summary: Downwards movement may overall...
by Lara | Sep 25, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – September 25, 2020 Sideways movement this week remains below the short-term invalidation point. All three daily Elliott wave counts remain the same. Summary: Oil may have found a major sustainable low. A...
by Lara | Aug 7, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – August 7, 2020 Two short-term wave counts are published this week. Summary: Oil may have found a major sustainable low. A slow rounded top may still be forming. If the pullback begins to develop strength...
by Lara | Jun 19, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – June 19, 2020 Downwards movement was expected, but price has moved higher. Two Elliott wave counts are used this week. Summary: Oil may have found a major sustainable low. For the mid term, a pullback may...
