Crude Oil & Brent Crude Outlook: Can I get more wrong than this?

On 25 June 2012, when Crude Oil was trading around $79, I wrote on Forbes that Crude oil still has another 10% downside. And on the next day, when Brent Crude was near $92, I said the same thing – that it has another 10% to go – on the DOWNSIDE, that is. Guess what!...

Elliott Wave Outlook for Brent Crude

Well, I thought it might be a good idea to post my Elliott Wave analysis of Brent Crude Oil as well, and it appears on MarketWatch today 26 June 2012. You guessed right! I am a bear there too.

Elliott Wave update on Crude Oil 12 Dec 2011

Crude Oil charts are showing tentative signs of fatigue after the run up from $74.95 to $103.37, a move of almost 38%. I am anticipating a correction back to around the $91 levels, but we need to be patient as there will likely be one more attempt higher first. Crude...

Elliott Wave Analysis of Crude Oil – 2 Nov 2011

Elliott Wave Analysis works very nicely in commodities. There is a lot of money to be made if you can apply the techniques you learnt in Five Waves to Financial Freedom. Trouble is, even if you learn the methods, you need to have the capital and the stomach to pull...

Elliott Wave Analysis of Crude Oil

A lot can happen in three weeks! In the Elliott Wave Analysis of Crude Oil posted on 15th August, we anticipated that the price will rise to around 88.10-89.50 and then decline. We had the $71 level in mind, (quite greedily I would say because Oil did come pretty...