OIL Elliott Wave Analysis: Extending to the Downside

OIL Elliott wave analysis suggests that the instrument is turning lower in intermediate wave (3) looking for more downside extension towards…

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Elliott Wave Analysis: OIL Starting The Next Leg Lower

OIL short-term Elliott wave analysis suggests that the bounce to $71.13 high ended primary wave ((B)) bounce against 7/03/2018 peak ($75.27). Primary wave ((C)) lower currently remains in

OIL Elliott Wave View: Providing Buying Opportunity Soon

OIL short-term Elliott Wave view suggests that the pullback to $63.39 on 6/18/2018 low ended primary wave ((4)). Up from there, the instrument rallied strongly to the upside

CL_F Elliott Wave View: Calling More Strength

CL_F Elliott Wave short-term view suggests that the decline to 61.80 on 4/06/2018 low ended Intermediate wave (2). Above from there, Intermediate wave (3) remains in progress as

First Solar FSLR Recovery in Progress

First Solar (NASDAQ: FSLR) designs and manufactures solar modules using a proprietary thin film semiconductor technology. The company has developed, financed, engineered, constructed and currently operates many of

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

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

Strong Dollar Likely to Influence Commodity Markets

Forex traders may want to take a look at the futures markets for a clue as to the direction of the Dollar.  Gold is definitely a good inverse

Crude Oil trading above $45 a barrel after drop yesterday

The focus is back on the state of the economic recovery in the world's biggest energy consumer after Bank of America The focus is back on the state of

Oil News

Crude oil storage in the world's biggest energy consumer the United States rose by 6.9 million barrels Oil falls below $48 a barrel as U.S inventories rise Crude oil