ew-forecast.com's  Instablog

Send Message
We are providing technical analyzes for the financial markets and how they behave based on the Elliott Wave Principle. The Elliott Wave Principle gives you a method for identifying at what points a market is most likely to turn. And that, in turn, gives you guidance as to where you might enter... More
My company:
  • Crude Oil Is Looking Impulsive On The Intra-Day Basis; Could See $93.00 0 comments
    Apr 25, 2013 5:10 AM | about stocks: OIL

    Oil is forming an impulsive price action from 87.87 swing low. The reason is recent strong reaction towards 92.00 figure yesterday which has been very strong and sharp in short-period of time. That's a personality of a third wave, so we think that market is forming a five wave pattern. With that in mind, be aware of more upside, this time towards 93.00 mark. Current sub-wave four may look for support around 91.00 level. Market remains in bullish shape as long as 89.92 support is not breached.

    (click to enlarge)

    For more analysis visit us at http://www.ew-forecast.com/

    Absolutely FREE 7-day Trial Is Available to New Members!

    Stocks: OIL
Back To ew-forecast.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • USDCHF: Before Brexit happened and today! Just listen the price action. https://t.co/M9drn1oKNw
    Jun 24, 2016
  • Regarding ‪#‎GBPUSD‬.. technicals suggests limited upside http://goo.gl/qErM25
    Jun 23, 2016
  • so where is VIX? price falling from 22 to 18.40 now. so far nice reaction from 61.8% as mentioned last week >>>http://goo.gl/K4S2xY
    Jun 20, 2016
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.