OPEC Meeting and Impact on Crude Oil

by elliottwave-forecast.com | May 31, 2017 3:48 pm
OPEC ended its highly anticipated meeting on Vienna last Thursday to discuss about extending the production cut in Crude Oil. They have decided to extend the current agreement to cut production output by 1.8 million barrels per day by...

Crude Oil Elliott Wave View: Mature Cycle

by elliottwave-forecast.com | April 12, 2017 8:17 am
Short term Elliott Wave view in Crude Oil (CL_F) suggests that cycle from 3/22 low (47.01) is unfolding as a double three Elliott wave structure where Minute wave ((w)) ended at 50.85 and Minute wave ((x)) ended at 49.88. Minute...

CL_F Elliott Wave View: Ending a cycle

by elliottwave-forecast.com | April 11, 2017 9:01 am
Short term Elliott Wave view in Crude Oil (CL_F) suggests that cycle from 3/22 low (47.01) is unfolding as a double three Elliott wave structure where Minute wave ((w)) ended at 50.85 and Minute wave ((x)) ended at 49.88. Minute...

Crude Oil (CL_F) Elliott Wave View: 5 Wave Impulse

by elliottwave-forecast.com | April 4, 2017 3:54 pm
Crude Oil (CL_F) started rallying from 03/22 low in a bullish structure which still needs another leg higher to become 5 impulsive waves. The instrument ended the minute wave (( iv )) at the 23.6% Fibonacci retracement area 49.96 from...