Short term Elliott Wave view suggests the decline from wave (X) at 15.65 took the form of a double corrective structure (w)-(x)-(y) where wave (w) ended at 14.59, wave (x) ended at 15.15, and wave (y) of ((w)) ended at 13.96. Wave ((x)) bounce is currently in progress and can reach as high as 14.8 – […]

Rally to 49.5 ended wave 4. From this level, the internal of wave 5 of (3) lower is unfolding in 5 waves where wave ((i)) ended at 45.08, wave ((ii)) ended at 46.71, wave ((iii)) ended at 37.75, wave ((iv)) is proposed complete at 39.89 and oil has resumed lower in wave ((v)) of (3) towards 36.22 […]

Rally to 49.5 ended wave 4. From this level, the internal of wave 5 of (3) lower is unfolding in 5 waves where wave ((i)) ended at 45.08, wave ((ii)) ended at 46.71, wave ((iii)) ended at 37.75, wave ((iv)) is proposed complete at 39.89 and oil has resumed lower in wave ((v)) of (3) towards 36.22 […]

Rally to 49.5 ended wave 4. From this level, the internal of wave 5 of (3) lower is unfolding in 5 waves where wave ((i)) ended at 45.08, wave ((ii)) ended at 46.71, wave ((iii)) ended at 37.75, wave ((iv)) is proposed complete at 39.89 and oil has resumed lower in wave ((v)) of (3) towards 36.22 […]