Oil is breaking higher but we need confirmation   Oil is bouncing off the long-term trend channel bottom 75. Looking at the long-term monthly chart you can also see a long shadow candle form from this level and an extension higher above the falling wedge upside resistance 81.600. You can

Elliott Wave technical analysis with trading signals for Gold, WTI Oil, SPX, NASDAQ, DJIA   NASDAQ We have a break below 13800, and 5 waves upside is finished. Nasdaq is now in the third wave of the five waves down. This count is valid as long the NASDAQ is below

USDCAD is extending lower   USDCAD is rejected from 1.3700. Looking at the long-term monthly chart you can see a heavy resistance established in the 1.3700-1.3900 zone. Also, we have a broadening wedge with lower line support at 1.2710 which is the target for this downside rejection from a strong

Elliott Wave technical analysis with trading signals for Gold, WTI Oil, SPX, NASDAQ, DJIA   NASDAQ We have a break below 13800, and 5 waves upside is finished. Nasdaq is now in the third wave of the five waves down. This count is valid as long the NASDAQ is below

Oil is testing the critical support   Oil critical support is 70.50. Looking at the long-term monthly chart you can see a heavy intersection of a 50% Fibonacci retracement and the uptrend channel. Also, we have descending wedge leading to this support which can be bullish in the medium to