by Lara | Apr 3, 2013 | US Oil
The main wave count on last analysis expected more upwards movement from Oil towards a short to mid term target at 94.3 to 94.84. Price did continue higher to reach 2.89 above the target zone at 97.73, remaining below the invalidation point which is very close by now...
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....
