Quick Update on Crude Oil from Sid at ElliottWavePredictions.com
Quick Update on Crude Oil from Sid at ElliottWavePredictions.com. Click on the chart to enlarge. The combination of Hurst cycle analysis and Elliott Wave is suggesting that the recent bullish period for crude oil has likely come to an end. A Hurst analysis starting at the 2008 high suggests that oil has topped, and will […]
Sid’s latest call is working well! (Long Crude Oil out of a 20-week Hurst cycle trough, from a major Fibonacci target)
Following a highly successful long gold (and gold miners) call in late May, and then a call for a good-sized rally in US equities out of the post-Brexit vote low in late June, Sid Norris from ElliottWavePredictions.com suggested to paid subscribers that crude oil was due for a large bounce starting as early as late July. […]
Elliott Wave Analysis of Oil (QM futures contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Oil (QM futures contract) by Sid from ElliottWavePredictions.com. Click on the Chart twice to enlarge. Oil may have just finished a blue wave 4 triangle, and if it did, Oil will be shooting to the upside aggressively for probably the next couple of weeks at least. If an upward thrust from […]
Elliott Wave Analysis of the CBOE Oil Index (VIO) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the CBOE Oil Index (VIO) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here’s a chart of CBOE Oil, an index of the 15 largest integrated oil companies. It shows how oil stocks have taken off to the upside as a direct result of QE4. A quick check […]
Elliott Wave Analysis of Crude Oil (QM futures contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Crude Oil (QM futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here’s a sneak peek at my current main Elliott Wave count for Crude Oil (QM), depicted on a weekly chart. Please join me for my weekly 2-3 hour LIVE Sunday morning webinar. Covered topics include […]
Elliott Wave Analysis of Crude Oil and the USD/CAD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Crude Oil and the USD/CAD Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. As anyone who’s attended any of my recent webinars knows, I’m expecting major trend changes in most major markets within the next few days (or weeks on the outside), and Crude Oil (and […]
Elliott Wave Analysis of Crude Oil (QM) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Crude Oil (QM) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Crude Oil, like the currencies, had been floating adrift for the first day-and-a-half of trading this week, but appears to have awakened in late trading today. If my count is correct, Crude Oil will rally in 5 […]
