Elliott Wave Analysis: Further Downside Expected in Oil
Since forming the high on Oct 3 at $76.9, Oil (CL_F) has dropped more than 30% in just less than 2 months. The move lower is pretty fast and short…
Elliott Wave Analysis: Another Dead Cat Bounce in Silver?
The precious metal group does not get any break in the past 7 years. The move lower has been relentless and rally has been short lived. Silver in particular has…
Elliott Wave Analysis: How Much Further Can Oil Drop?
Short term Elliott Wave view on Oil suggests that the decline starting from Oct 3 high ($76.9) remains in progress as a 5 waves impulse Elliott Wave structure. Down from Oct…
Palladium Bullish Elliott Wave Sequence: Buyers Awaiting Pull back
Palladium recently broke above January 2018 peak which has brought about a new wave of optimism in the commodity but is it the right time to jump into the longs…
Elliott Wave Analysis: Oil (CL_F) looking to end 5 Waves
Oil (CL_F) short-term Elliott wave analysis suggests that the decline from Oct 3rd high is unfolding as a 5 waves impulse structure. In an impulse structure, the internals of wave…
Will Jamal Khashoggi’s Incident drive up Oil Price?
In the past few weeks, the world has been shocked by the killing of Jamal Khashoggi inside Saudi Arabia's consulate in Istanbul. Mr. Khashoggi is a Washington Post journalist and…
Another Leg Lower Can Enter OIL Into Buying Area?
OIL ticker symbol $CL_F short-term Elliott wave view suggests that a rally to 76.89 high ended the cycle from 8/15/2018 low in intermediate wave (1). The internals of that rally…
COPPER Forecasting The Decline & Selling The Rallies
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of COPPER. As our members know, COPPER has had cycle from the 13th…
Oil Elliott Wave Analysis: Forecasting the Decline
Hello fellow traders. Today, we will have a look at some past Elliott Wave charts of Oil which we presented to our members. Below, you can find our 1-hour updated chart…