Oil has broken higher and resumed the bullish cycle from April 2020 low. This article and video look at the Elliott Wave path.
United States Oil Fund Elliott Wave & Long Term Cycles $USO
United States Oil Fund Elliott Wave & Long Term Cycles $USO Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an all time high at 953.36 in July 2008 noted on the monthly chart. The decline from there into the […]
Elliott Wave View: Oil May See Short Term Support Soon
Oil shows a 5 waves diagonal rally from March 24 low and dips can find support soon. This article and video look at the Elliott Wave path.
14 Best Oil & Gas ETFs to Buy in 2024
Exchange Traded Funds are the easiest and safest investment to take advantage of the huge oil and gas sector all the while protecting your investment from the volatility of this sector. ETFs are a great addition to the investment portfolio. They offer a low-cost option to get exposure to the oil and gas sector. To […]
Elliott Wave View: Oil (CL) Wave (5) Rally in Progress
Oil has made a new high and continues the impulsive rally from April 2020 low. This article and video look at the Elliott Wave path.
OIL ($CL_F) Buying The Dips At The Blue Box Zone
Hello fellow traders. OIL Futures ( $CL_F ) is another instrument that has given us nice trading opportunity lately . As our members know the commodity is showing bullish sequence. We recommended members to avoid selling the commodity and keep on buying the dips in 3,7,11 sequences when get chance. In this technical blog we’re going […]
