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

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 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

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

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

We know that after every five wave move correction follow in three waves. And that’s exactly what is happening on OIL; we see a completed five wave move

Oil rose more than 3 percent on Friday to touch a near six-month high as economic data showed fewer-than-expected jobs Crude Oil steady at $58 a barrels as