US OIL Elliott Wave Technical Analysis – 5th December, 2017

Price has moved sideways, remaining within the Elliott wave channel and above the invalidation point. Summary: The target for upwards movement to end is a zone at 61.42 to 62.11. There is some weakness now and indicators are extreme; look out for this upwards trend to...

US OIL Elliott Wave Technical Analysis – 14th November, 2017

Last analysis expected a sideways consolidation to last about eight sessions. Price has moved sideways and lower for the last four sessions. Summary: As long as price remains above 52.86, then expect this consolidation may be over here or very soon. The target for...

US OIL Elliott Wave Technical Analysis – 7th November, 2017

The main Elliott wave count expected more upwards movement. Price is above 55.24, so the main Elliott wave count is the sole wave count left. The target has not yet been met. Summary: A sideways consolidation about here may develop, which may last about 8 sessions....