Crude oil – What just happened?

Elliott wave weekend review. U.S CRUDE OIL 1 hr 4 Hours Daily Crude oil took a nose dive today to signal that the final high is in for wave 'C' and wave (2). The price has broken initial support level at 63.00. This is a good start to creating a bearish signal off the...

An Horrific Overvaluation is in Place.

"This is the end, Beautiful friend This is the end, My only friend, The end. Jim Morrison sang that song in 1966, interesting timing that! The idea that there is a huge rally ahead of us now is absurd to me! Stock valuations as measured by John Hussmans margin...

Elliott Wave weekend review 04-19-19.

Elliott wave weekend review. DOW JONES INDUSTRIALS 1 hr 4 Hours Daily The futures drifted lower early this morning to create a larger three wave pattern in wave 'ii' of (iii). but the cash market rallied straight out of the gate this morning to begin wave 'iii' of...