Tag Archives: Oil

OIL: Follow up of the Triangle Wave (B) Option

Posted on 21 April, 2013 by admin

THE TRIANGLE WAVE (B) Last summer I posted the scenario of a potential Triangle So far this idea is on track if the wave (D) was established on April 1 also with a Triangle

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OIL: Follow Up of the Short Term EWP

Posted on 11 January, 2013 by admin

Oil may soon offer a short set-up (For a multi-day pullback) The pattern from the September 14 high suggests a that price could be involve in unfolding a flat correction:

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OIL: Update of the Short Term EWP

Posted on 21 October, 2012 by admin

On July 3 I posted the “project” of a potential Triangle wave (X) or (B). So far the potential Triangle can pan out if we get a deeper pullback towards at least the 200 w MA which stands at 82.32 … Continue reading →

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OIL: Update of the Short Term EWP

Posted on 19 September, 2012 by admin

Red flag for the Equity Bulls: We have a reversal of Crude Oil Given the strong sell off during the last 3 days, (today price is struggling to remain above the 0.382 retracement), I believe that we can confer a … Continue reading →

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OIL: Update of the Short Term EWP

Posted on 3 September, 2012 by admin

Since August 23 I have been trying to find the correct EWP outlined by the price action off the June lows. So far I have been failing. The last idea posted on August 28 suggesting a potential Ending Diagonal is … Continue reading →

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OIL: Follow Up of the Short Term EWP

Posted on 28 August, 2012 by admin

I did not like at all the short-term count (off the June lows) that I posted on August 23. The idea remains the same, as the internal structure is clearly corrective hence it could belong to the wave (D) of … Continue reading →

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OIL: Follow Up of the Short Term EWP

Posted on 23 August, 2012 by admin

On July 3,  I revised my long term scenario and I discussed the option that price could be unfolding  a potential large Triangle wave (X). I mentioned that if price was involved in the wave (D) of the assumed Triangle … Continue reading →

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OIL: Update long term EWP

Posted on 3 July, 2012 by admin

I maintain the scenario that I posted on September 8 2011, which calls for price unfolding  off the January 2008 lows a Double Zig Zag wave (B). This is the chart I had posted with the DZZ option: This idea … Continue reading →

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OIL: Follow Up Short-Term EWP

Posted on 26 June, 2012 by admin

This is just a brief update of the potential EWP off the March 1 top. It is defective since it does not take into account the larger time frame EWP, which is a matter pending to be analyised, but if … Continue reading →

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Oil: EWP Up Date

Posted on 9 April, 2012 by admin

The count I posted on March 29 has been invalidated. The EWP from the October lows cannot be considered completed since: We have an overlapping 5-wave up leg off the October 4 low, which suggests that the counter trend move … Continue reading →

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