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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
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  • OIL Elliott Wave Analysis: Complex Correction In Wave (Iv)  0 comments
    Feb 4, 2014 4:38 AM | about stocks: OIL

    Crude oil is now turning slightly down from around 98.60 after only three waves up from 95.20 so we labelled this move as wave b) that is part of a complex correction in wave iv). We are tracking idea of a flat where we may see a re-test of 95 area before prices may turn up again for wave (v) of A.

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    Stocks: OIL
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