Crude Oil: At Risky Levels [Updated]!

On May 9, 2016, we wrote Crude Oil: A Clash of Powers – Part II! and discussed our short-term and medium term outlook for crude. We had two short-term targets: 1) $47.70 and 2) $51. Price held above $43 in an a-b-c fashion and jumped immediately up targeting...

Crude Oil: A Clash of Powers!

Pre-Requisite Reading: CL: Crude Oil Futures March Forecast. In this article, we are going to compare two important scenarios on Crude Oil based on Elliott Wave Theory. We will distinguish between buyers’ power compared with that of the sellers. In the first...

CL: Crude Oil Futures March Forecast

  This chart shows crude oil futures price cycle from 2011 until today. We see that crude is in the last wave of the correction, blue wave (5) which has the form of the Ending Diagonal. Wave 5 always needs five micro waves to be considered as complete and in this...
Register Now to get all the Free LIVE forex Signals in your email

Register Now to get all the Free LIVE forex Signals in your email

Get quality Forex Signals from our pro traders

You have successfully subscribed to your list.