by Lara | Nov 29, 2019 | US Oil
US OIL: Elliott Wave and Technical Analysis | Charts – November 29, 2019 Last week’s analysis advised members to expect a B wave to unfold for a couple of weeks or so as either a sharp downwards movement or a choppy, overlapping sideways movement. A sharp...
by Lara | Nov 23, 2019 | US Oil
Again, an upwards swing within the larger consolidation was expected to continue to reach at least 58.24. The high for the week at 58.74 now meets this requirement. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards...
by Lara | Nov 15, 2019 | US Oil
An upwards swing was expected to continue. An upwards week with a higher high and a higher low exactly fits this expectation. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend...
by Lara | Nov 8, 2019 | US Oil
An upwards swing within a larger consolidation was expected to continue. This is exactly what is happening, so far. Both Elliott wave counts remain valid. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end...
by Lara | Nov 1, 2019 | US Oil
Overall, more upwards movement was expected for the week. Again, this is what has happened. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend line. The bullish wave count now...
by Lara | Oct 25, 2019 | US Oil
Upwards movement was expected for the week for the main Elliott wave count, which is what has happened. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to end short of the upper A-C trend line. The bullish...
by Lara | Oct 18, 2019 | US Oil
Again, the main Elliott wave count expected upwards movement for the week. A slightly higher high and a higher low fits the definition of upwards movement. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to...
by Lara | Oct 11, 2019 | US Oil
The main Elliott wave count expected upward movement for the week, which is exactly what has happened. A large Elliott wave triangle looks to be completing. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to...
by Lara | Oct 4, 2019 | US Oil
Downwards movement followed expectations for the Elliott wave triangle pattern on the daily chart. Two daily charts are presented again for the main wave count. It is important to always consider alternates when an Elliott wave triangle looks to be unfolding. Summary:...
