Elliott Wave View: Sweet Crude Oil (CL_F) in Ending Diagonal

by elliottwave-forecast.com | March 18, 2020 3:36 pm
Elliott Wave view in Sweet Crude Oil Futures (CL_F) suggests that the decline from April 23, 2019 high (66.6) is unfolding as a 5 waves impulse Elliott Wave structure. Down from April 23, 2019 high, wave (1)...

Oil Craters 30%, How Low Can It Go?

by elliottwave-forecast.com | March 9, 2020 4:19 pm
OPEC’s failure to strike a deal to cut production output with Russia caused Saudi Arabia to slash oil’s prices in an all-out price war. US West Texas Intermediate Crude plunged more than 30% to $27.9 per barrel...

Elliott Wave View: Oil Shows 5 Waves Rally

by elliottwave-forecast.com | February 19, 2020 4:14 pm
Short term Elliott wave view in Oil (CL_F) suggests the rally from February 5 low shows a 5 swing bullish sequence. We label the rally as an impulse Elliott Wave structure with a nest. Up from February...

Oil (CL_F) Selling Wave Four Bounce At The Blue Box Area

by elliottwave-forecast.com | February 3, 2020 4:40 pm
In this blog, we are going to take a quick look at the Elliottwave chart of Oil (CL_F).  Oil is proposed to be in wave ((C)) which we expect to unfold as a 5 waves move down. ...

Elliott Wave View: Oil Downside Target

by elliottwave-forecast.com | January 23, 2020 4:17 pm
Oil has extended lower and short term Elliott Wave view suggests the decline from 1.8.2020 high is unfolding as a zigzag Elliott Wave structure. Down from January 8 high, wave A ended at 57.36 as a 5...

Elliott Wave View: Oil ($CL_F) Decline in Impulsive Structure

by elliottwave-forecast.com | January 9, 2020 4:00 pm
Elliott Wave view on Crude Oil ($CL_F) suggests rally to $65.69 on January 8, 2020 ended wave (1). This ended a 5 waves rally from October 3, 2019 low. Oil is now doing wave (2) pullback to correct...

Oil Prices and the 2019 Hurricane Season

by ForexCycle.com | July 10, 2019 10:56 am
By Elliott Wave International In May, the National Oceanic and Atmospheric Administration predicted a near-normal 2019 hurricane season, which runs from June 1 to November 30. But, the season got off to an early start with the...

Chevron Elliott Wave View: Stock Can Take Oil To $100

by elliottwave-forecast.com | July 4, 2019 8:41 pm
Hello fellow traders. In today blog, we will have a look at Chevron Corporation (CVX) which is an American energy corporation based in San Ramon, California. It is one of the worlds largest oil companies. We will...

Elliott Wave View: Oil Can see Profit Taking Soon

by elliottwave-forecast.com | April 2, 2019 7:02 pm
After forming the low on December 24, 2018 low at $42.36, Oil has continued to recover. The rally from Dec 24 last year looks to be unfolding as a zigzag Elliott Wave Structure. The instrument should soon...