change-at-cycle

US OIL Elliott Wave Technical Analysis – 5th December, 2013 | Elliott …

Last week’s analysis expected an end to a fourth wave correction within one or two days, to be followed by more downwards movement for a fifth wave.There is now a clear five down on the daily chart. Upwards movement has breached a channel containing this impulse, and a second wave correction has begun.Click on the charts below to enlarge.The bigger […]

US Oil Elliott Wave Technical Analysis – 19th November, 2013 …

Last analysis of US Oil expected more downwards movement towards a target at 87.82 to 88.72. Price has moved lower and the target has not been yet met, the structure is incomplete.Now there is more structure of this long downwards wave to analyse I am changing the wave count within it. Two fourth wave triangles indicate it is much closer […]