US OIL Elliott Wave Technical Analysis – 22nd March, 2017

A small correction unfolded over the last week as expected. Summary: The target for downwards movement to end is minimum 28.61, with 25.59 reasonably likely. Move stops to either just above the swing high of the 16th of March (check your broker data for the exact...

US OIL Elliott Wave Technical Analysis – 20th February, 2017

Price is still range bound. On Balance Volume is giving a strong signal about what direction price will break out. Summary: A new high above 55.24 would indicate an upwards breakout, and the target would be 58.81. A new low below 51.22 would indicate a downwards...