by Lara | Aug 7, 2013 | US Oil
Last week’s analysis expected downwards movement for the week, with a second wave correction to come. The first wave was already over and the second wave unfolded as a very deep zigzag, ending just below the invalidation point on the daily chart. The hourly...
by Lara | Jul 31, 2013 | US Oil
I have run out of time today to do a full analysis of US Oil. I will publish charts only this week. The wave count is unfolding as expected and remains the same, so far. Click on the charts below to enlarge.
by Lara | Jul 24, 2013 | US Oil, US Oil Historical |
Oil has moved higher as expected for the week, remaining just below the invalidation point. If price breaks above 110.56 in the next one to few weeks this wave count will change significantly. I will briefly cover the alternate for this scenario today. Click on the...
by Lara | Jul 17, 2013 | US Oil
Last week’s analysis expected more upwards movement to a short term target at 105.57 to 105.60. Price has reached up to 107.46, 1.86 above the small target zone, before turning lower and breaching the small parallel channel drawn on last week’s hourly...
by Lara | Jul 10, 2013 | US Oil
Last week’s analysis published charts only. Last week I expected the structure for a third wave upwards was incomplete. The short term target on the hourly chart was 105.52. Price has reached up so far to 0.76 short of the target. Click on the charts below to...
by Lara | Jun 26, 2013 | US Oil
Last analysis of US Oil was two weeks ago. It expected upwards movement to complete a second wave correction with a target at 98.36 and an invalidation point very close to that at 100.43. Price moved higher as expected to reach 99.21, just 0.85 above the target,...
by Lara | Jun 11, 2013 | US Oil
Last week’s analysis of Oil expected more upwards movement which is what has happened. The wave count remains the same. Click on the charts below to enlarge. This wave count sees US Oil in a third wave downwards at intermediate degree, within a primary wave C...
by Lara | Jun 5, 2013 | US Oil
Last week’s main wave count expected downwards movement to complete a triangle, but not for price to move below 92.21. We did see price move lower, but the triangle was invalidated. This has necessitated a reanalysis of the wave count. I have just the one wave...
by Lara | May 29, 2013 | US Oil
Last analysis had two wave counts. They both remain valid. Price has remained below the invalidation point at 100.43. Click on the charts below to enlarge. This wave count sees US Oil in a third wave downwards at intermediate degree, within a primary wave C down....
