Commodity Prices

Gold •657 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,059.10	+18.30	+0.90%
WTI Crude •11 mins	90.68	+1.01	+1.13%
Gasoline •14 mins	3.215	+0.006	+0.17%
Ethanol •657 days	2.161	+0.000	+0.00%
Silver •657 days	30.82	+1.16	+3.92%

Silver • 657 days	30.82	+1.16	+3.92%
Copper • 657 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	98.48	+3.00	+3.14%
Natural Gas • 11 mins	2.695	-0.002	-0.07%
Heating Oil • 15 mins	3.798	+0.069	+1.86%

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Lara Iriarte

I have been using the Elliott wave principle to analyse up to five markets a day since 2008. I began Elliott Wave Forex (originally ForexInfo.us)…

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US OIL Elliott Wave Technical Analysis

By Lara Iriarte - Apr 19, 2017, 6:26 AM CDT

Summary: Use the small best fit channel on the daily Elliott wave count. If price breaks below the lower edge, then expect Oil has changed trend. The target would be at least a new low below 47.06; it should be comfortably below that point. Expect price may continue higher while it remains within the channel.