US OIL Elliott Wave Technical Analysis – 3rd October, 2017

Last week’s analysis expected more upwards movement from US Oil. Price moved higher, falling a little short of the target, before turning down for a pullback which so far has remained within the channel. Summary: Oil may continue to rise for the short to mid...

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

Price continues to find resistance at the wide channel on the monthly and weekly charts. Summary: Expect a new strong wave down has begun. Target 34.34. Stops may be set just above the invalidation point at 50.22. Invest only 1-5% of equity on any one trade. In the...