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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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  • Crude OIL Intraday Elliott Wave Analysis 0 comments
    Apr 15, 2014 8:12 AM | about stocks: OIL

    Crude oil is also showing some signs of a bearish reversal, but so far only with three legs down from the highs so we need to wait more before we can confirm any top in place. In other words, we need an impulsive downside price action, and acceleration to 102.00 (161.8% and 261.8%; typical wave three targets) would be nice and strong indication for an impulse in progress.
    Crude Oil (May 2014) 30min Elliott Wave Analysis

    Interested in our analysis? Get now 1 month of full service for just 1€. http://www.ew-forecast.com/service

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    Themes: CL Stocks: OIL
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