USO United States Oil Fund Longer Term Cycles & Elliott Wave

by elliottwave-forecast.com | October 7, 2019 8:31 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...

OIL Elliott Wave Analysis: Extending to the Downside

by elliottwave-forecast.com | August 9, 2018 12:10 pm
Oil ticker symbol: CL_F short-term Elliott wave analysis suggests that the bounce to $70.44 high ended intermediate wave (2). The internals of that bounce took place as Elliott wave double correction where Minor wave W ended in 3 swings at $69.92....

Elliott Wave Analysis: OIL Starting The Next Leg Lower

by elliottwave-forecast.com | August 2, 2018 10:40 am
OIL short-term Elliott wave analysis suggests that the bounce to $71.13 high ended primary wave ((B)) bounce against 7/03/2018 peak ($75.27). Primary wave ((C)) lower currently remains in progress as Elliott Wave impulse structure looking for more downside. Down from $71.13...

OIL Elliott Wave View: Providing Buying Opportunity Soon

by elliottwave-forecast.com | July 11, 2018 10:01 am
OIL short-term Elliott Wave view suggests that the pullback to $63.39 on 6/18/2018 low ended primary wave ((4)). Up from there, the instrument rallied strongly to the upside and went on to make new high for the year. A rally...

OIL Elliott Wave Impulse Structure Calling For More Upside

by elliottwave-forecast.com | June 28, 2018 3:04 pm
OIL short-term Elliott Wave view suggests that the decline to $63.59 on 6/18/2018 low ended primary wave ((4)) pullback. Above from there, the instrument has rallied to new highs already. And confirming the next extension higher taking place in...

CL_F Elliott Wave View: Calling More Strength

by elliottwave-forecast.com | April 19, 2018 2:32 pm
CL_F Elliott Wave short-term view suggests that the decline to 61.80 on 4/06/2018 low ended Intermediate wave (2). Above from there, Intermediate wave (3) remains in progress as Zigzag Elliott Wave structure. Looking to extend higher towards 70.43-72.47...

Chevron (CVX) Looking for New All Time Highs

by elliottwave-forecast.com | November 16, 2017 12:33 pm
Chevron Corporation (NYSE: CVX) is an American multinational energy corporation. It engages in integrated petroleum operations, chemicals operations, mining operations, power generation and energy services related to Oil and Natural Gas. Oil-company stocks tend to rise when oil...

OIL ( CL_F ) Elliott Waves forecasting the rally

by elliottwave-forecast.com | August 1, 2017 10:48 am
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave chart of OIL ( CL_F ) published in members area. In further text we’re going to explain the...