by Lara | Mar 29, 2016 | US Oil |
Again, last week’s analysis of US Oil expected downwards movement for both the main and alternate Elliott wave counts. This is what happened. Summary: Downwards movement is expected to continue for several weeks. How low downwards movement goes may indicate...
by Lara | Mar 22, 2016 | US Oil |
Last week’s analysis of US Oil expected more upwards movement to come up to touch the upper edge of a channel. This is what happened. Summary: An upwards impulse is complete. Downwards movement is expected from here. How low downwards movement goes may indicate...
by Lara | Mar 15, 2016 | US Oil |
Last week’s analysis of US Oil expected more upwards movement for the week to come up to touch the upper edge of a channel. This is what happened. Summary: The monthly chart remains clear: US Oil needs to move lower to complete a large zigzag structure at Super...
by Lara | Mar 7, 2016 | US Oil |
Last week’s analysis of US Oil expected upwards movement for the week, which is what happened. A new high above 37.75 invalidated the alternate and confirmed the main Elliott wave count. Summary: The monthly chart remains clear: US Oil needs to move lower to...
by Lara | Mar 1, 2016 | US Oil |
A new Elliott wave count resolves the problems with last week’s analysis of US Oil. Summary: The monthly chart remains clear: US Oil needs to move lower to complete a large zigzag structure at Super Cycle degree. In the short term, the new wave count expects...
by Lara | Feb 23, 2016 | US Oil |
Upwards movement above 33.60 invalidated last week’s US Oil Elliott wave count. I have three alternates for you today. Summary: The situation for US Oil for the first time in a long time is remarkably unclear. The only thing that is clear is the monthly chart...
by Lara | Feb 15, 2016 | US Oil |
Last week again expected downwards movement from Oil. Oil made a new low, and so far has made a lower high. Summary: There is only one wave count today which expects a fifth wave is extending. The first target is 14.02. The second target is 11.98. Corrections are...
by Lara | Feb 2, 2016 | US Oil, US Oil Historical |
Last week’s analysis expected to see 8 sessions of overall upwards movement to a target at 31.47 or 34.16. Price moved higher for 7 sessions to reach 34.82. Summary: The correction for minor wave 4 is very likely to be over. This would be confirmed with a clear...
by Lara | Jan 18, 2016 | US Oil, US Oil Historical |
Downwards movement continues exactly as expected for US Oil. Summary: Oil is in a fifth wave to end a third wave impulse. Commodities often exhibit swift strong fifth waves, particularly fifth waves to end their third waves. The target remains the same at 29.21. At...
