OIL ($CL_F) Buying The Dips At The Blue Box Zone

by elliottwave-forecast.com | February 9, 2021 4:39 pm
Hello fellow traders.  OIL  Futures ( $CL_F ) is another instrument that has given us nice trading opportunity lately . As our members know the commodity is showing bullish sequence. We recommended members to avoid selling the commodity...

Elliott Wave View: Oil (CL) Impulsive Rally In Progress

by elliottwave-forecast.com | December 17, 2020 3:31 pm
Rally in Oil (CL) from Nov 2 low is unfolding as 5 waves impulsive Elliott Wave structure. In the 60 minutes chart below, we can see wave 3 of this impulse ended at 47.74. Wave 4 pullback then...

Post-Pandemic Future Demand Recovery Supports Oil

by elliottwave-forecast.com | December 8, 2020 4:37 pm
The news that Covid-19 vaccines will soon be available to fight the pandemic has boosted the global oil markets. Demand has plummeted since the start of the pandemic. Organization of the Petroleum Exporting Countries (OPEC) projects 2020...

OIL ( $CL_F ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | December 7, 2020 3:52 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL, published in members area of the website.  As our members know, OIL is another instrument that...

Elliott Wave View: Correction in Oil Completed

by elliottwave-forecast.com | September 17, 2020 3:32 pm
Elliott Wave View of Oil (CL) suggests the cycle from August 26 high has ended as wave II. The correction unfolded as double three Elliott Wave Structure. Down from August 26 high, wave ((W)) ended at 40.22 low....

$USO United States Oil Fund Longer Term Cycles & Elliott Wave

by elliottwave-forecast.com | September 14, 2020 3:46 pm
$USO United States Oil Fund Longer Term Cycles & Elliott Wave Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an...

Elliott Wave View: Further Upside in Oil (CL)

by elliottwave-forecast.com | August 27, 2020 11:37 am
Elliott Wave View of Oil (CL) suggests the correction against the cycle from July 30 low has ended as wave B. The dip unfolded as running flat Elliott Wave Structure. Down from August 5 high, wave ((a)) ended...

OIL ( $CL_F) Forecasting The Rally From The Blue Box Area

by elliottwave-forecast.com | August 10, 2020 3:31 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL , published in members area of the website.  As our members know, commodities have been giving...