by Lara | Oct 5, 2016 | US Oil |
With price consolidating and the Elliott wave count in either a B or an X wave, classic technical analysis may be a better guide to what Oil may do next. Summary: Support and resistance suggest a downwards swing from about here to end only when price finds support...
by Lara | Sep 28, 2016 | US Oil |
Last week’s classic technical analysis diverged from the Elliott wave count. Price has moved mostly sideways. Summary: This week both Elliott wave counts expect downwards movement for the next week, and volume supports this view. New updates to this analysis are...
by Lara | Sep 21, 2016 | US Oil |
Last week’s analysis expected overall downwards movement. Since last analysis Oil has made a lower low. Summary: Classic technical analysis this week expects upwards movement from here, and both Elliott wave counts expect downwards movement. If price breaks...
by Lara | Sep 13, 2016 | US Oil |
Both Elliott wave counts expect Oil to move in the same direction next. Summary: Both wave counts expect downwards movement for the next week to a minimum at 40.18. Thereafter the wave counts diverge. New updates to this analysis are in bold. MONTHLY ELLIOTT WAVE...
by Lara | Sep 5, 2016 | US Oil |
A new low below 43.51 confirmed the main daily Elliott wave count and invalidated two alternates. Summary: Classic technical analysis sees strength to current downwards movement, so it is most likely to continue. The Elliott wave count sees price now in a B wave of a...
by Lara | Aug 29, 2016 | US Oil |
Last week’s classic technical analysis saw weakness to upwards movement and expected a downwards reaction. Price has moved sideways for the week. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave...
by Lara | Aug 24, 2016 | US Oil
Last week’s analysis expected downwards movement as most likely. Price continued higher. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave correction, the multiple structural possibilities mean it is...
by Lara | Aug 16, 2016 | US Oil |
Last week’s analysis expected more downwards movement. The Elliott wave count was invalidated with a new high above 44.43. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave correction, the multiple...
by Lara | Aug 9, 2016 | US Oil |
Last week’s analysis expected downwards movement. This is not what happened. Summary: The structure for downwards movement is still incomplete. A short term target for the next wave down is 38.07. New updates to this analysis are in bold MONTHLY ELLIOTT WAVE...
