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

Chevron (CVX) Looking for New All Time Highs

Chevron Corporation (NYSE: CVX) is an American multinational energy corporation. It engages in integrated petroleum operations, chemicals operations, mining operations, power generation and energy services related to Oil

CL_F Oil Elliott Wave View: Pullback in progress

Oil Short Term Elliott Wave suggests that the decline from 8/1 peak is unfolding as a double three Elliott Wave Structure where Minute wave ((w)) ended at 46.46

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

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

Technical forecast for WTI Crude

WTI Crude unable to reach 9445 in a near 3 month bear trend & as expected we saw lower prices at the start of the week.Immediate resistance at