Crude Oil and the Power of Elliott Wave

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 17, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The start of this week was not the best possible for crude oil, since the price fell as low as 35.95 dollars a barrel on March 15th. However, the bulls managed to regroup and take the commodity to new highs near 39.63 so far. Some might explain oil’s price swings with the OPEC supply freeze negotiations. Others may add that the reports about the inventories, imports and exports caused the market to move in this particular way. But all the post-factum explanations are a bit useless. In our

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