by Lara | Mar 20, 2013 | US Oil
Last week’s oil analysis expected overall upwards movement for the week. Price moved $1.50 higher during the week. At this stage I think it is most likely that the correction is incomplete. I would expect another couple of days or so of upwards movement before a...
by Lara | Mar 13, 2013 | US Oil
Last analysis dated 5th March, 2013, expected to see oil move higher for the week which is exactly what it has done. Now that there is some structure to analyse for this upwards movement I can calculate targets for it to end. I still have just the one daily and one...
by Lara | Mar 6, 2013 | US Oil
Last week’s analysis of oil expected further downwards movement for the week. The lower target for the week was 89.70. The invalidation point on the 2 hourly chart was at 95.21. Price did move lower to reach 0.35 below the target and the low for the week was...
by Lara | Feb 25, 2013 | US Oil
Last week’s analysis of oil expected price to drop which is what has happened so far. The wave count remains the same. To see the big picture on monthly charts click here. This week’s analysis of oil will continue with a daily chart and a two hourly chart....
by Lara | Feb 20, 2013 | US Oil, US Oil Historical
My last oil analysis was over a year ago and it expected price to move lower. Price has mostly moved sideways in a decreasing range for the last year. My wave count at the monthly chart level is changed very little. I have a new monthly alternate. Click on the charts...
by Lara | Dec 19, 2011 | US Oil |
Elliott Wave chart analysis for the US Oil for 19th December, 2011. Please click on the charts below to enlarge. I am using a different data source from previous oil analysis which was WTI Crude. This data seems to be the same and it is probably WTI Crude data also....
by Lara | May 18, 2011 | US Oil
Elliott Wave chart analysis for WTI Crude for 17th May, 2011. Please click on the charts below to enlarge. As expected from last analysis oil has moved a little lower. It is extremely likely that wave C blue will at least reach below the end of wave A blue at 94.65....
by Lara | May 16, 2011 | US Oil, WTI Crude Historic |
Elliott Wave chart analysis for the WTI Crude for 16th May, 2011. Please click on the charts below to enlarge. I have started this wave count at the all time high of 147.27. I have data back to the 1970’s which shows a long rise with increased momentum towards...
