CL_F Oil Elliott Wave View: Pullback in progress

While bounces in Oil stay below 48.76, it has scope to extend lower towards 43.92 – 44.85 area where buyers can appear for 3 waves bounce minimum

Continue Reading...

Crude Oil Elliott Wave View: Mature Cycle

Short term Elliott Wave view in Crude Oil (CL_F) suggests that cycle from 3/22 low (47.01) is unfolding as a double three Elliott wave structure where Minute wave

CL_F Elliott Wave View: Ending a cycle

Short term Elliott Wave view in Crude Oil (CL_F) suggests that cycle from 3/22 low (47.01) is unfolding as a double three Elliott wave structure where Minute wave

Natural Gas (NG #F) rally is not over yet

NG #F (Natural Gas) has been rallying since forming a low on 2/22 (2.523). Rally is unfolding as a WXY or double three Elliott Wave Structure where wave

Crude Oil (CL_F) Elliott Wave View: 5 Wave Impulse

Crude Oil (CL_F) started rallying from 03/22 low in a bullish structure which still needs another leg higher to become 5 impulsive waves. The instrument ended the minute

Crude Oil (CL_F) Elliott Wave View : Bounce expected soon

Short term Elliottwave view in Crude Oil (CL_F) suggests that the instrument is currently correcting cycle from 11/14/2016 low (42.21) in 3, 7, or 11 swing before the

Crude Oil Elliott Wave View: Ending a Flat Correction

Short term Elliottwave view in Crude Oil (CL_F) suggests that the instrument is currently correcting cycle from 11/14/2016 low (42.21) in 3, 7, or 11 swing before the

Crude Oil (CL_F) looking for buying area

Short term Elliottwave view in Crude Oil (CL_F) suggests that the instrument is currently correcting cycle from 11/14/2016 low (42.21) in 3, 7, or 11 swing before the

OIL Elliott Wave Analysis: Bearish Reversal

Crude oil has turned bearish recently with a sharp reversal down from around 104.00 level and through the lower support line of a corrective channel. A reversal from

OIL Elliott Wave Analysis: Complex Correction In Wave (iv)

Crude oil is now turning slightly down from around 98.60 after only three waves up from 95.20 so we labelled this move as wave b) that is part