On Tuesday, August the 27, 2019 we at Elliott Wave Forecast hosted a Free Seminar. The topic of the seminar is Oil (CL_F). We analyze the outlook of the instrument in the Grand-Super cycle and Super-cycle degree.
We explain which technical tools we use to forecast the Market. The seminar analyzes why Oil will find support over the long-term and why it should hit $100 level in the future. We also look at the Wisdom Tree Continuous Commodity Index Fund (GCC), CHK and XOM. We explained why they are supporting the view to determine the next big swing higher. The seminar also covers why Oil could have a major low in place at $38.93, although near term, it still can see another leg lower. After the leg lower, it has the possibility to enter a period of strength.
Watch the Free Webinar recording below and get a sneak peek on our work. Check to see how we determine the next potential big move in Oil to the upside.
Why Oil Will be Supported Over The Long-Term In To $100 8.27.2019 Video
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