Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL, published in members area of the website. As our members know, OIL is another instrument that we have been trading lately. The price is showing bullish sequences in the cycle from the April 21st […]
Elliott Wave View: Pullback in Oil Should Stay Supported
Oil shows a bullish sequence from April low and should continue to be supported in 3, 7, 11 swing. This article and video look at the Elliott Wave path.
Elliott Wave View: Bullish Outlook in Oil (CL)
Oil shows a 5 waves rally from November 2 low suggesting further upside is likely. This article and video look at the Elliott Wave path.
ZL #F: Soybean Oil Turning Higher Will Make Cooking Expensive
Soybean Oil is one of the grain & oilseed commodities, along with wheat, soybeans, corn, rice, oats and others. Just behind palm oil, it is the second most used vegetable oil, basically, for frying and baking. Also, soybean oil finds applications medically and, when processed, for printing inks and oil paints. One can trade Soybean […]
Elliott Wave View: Oil Futures (CL) Looking to End Flat Correction
Oil is doing an expanded Flat correction before it resumes higher. This article and video look at the short term Elliott Wave path.
Elliott Wave View: Correction in Oil Completed
Oil ended the correction from August 26 high. While above September 8 low, expect dips in 3,7,11 swings to find support for more upside.
