New Elliott Waves cycle just started !,
Why Sir Warren Buffett is Investing millions on oil Companies ? (not a coincidence)
well, this migh answer your question
Notice the Candlestick Reversión Pattern (Green circle) on Monthly Candles, what gives an Stronger signal.
Arabia Saudi, an Oil based economies are loosing a lot of money because of Low/mínimum prices.
for how long, or how much can they afford a US$ 30 - 40/barrel oil ? Just a matter of time...
Forescast By Bloomberg and Goldman Sachs also predict this new BULLISH OIL ROUND
And I believe this Elliott Wave analysis is pretty accurate..
marketoracle.co.uk/images/2015/Jan/oil-price-prediction-decmber-2012-june-2016.jpg
Why Sir Warren Buffett is Investing millions on oil Companies ? (not a coincidence)
well, this migh answer your question
Notice the Candlestick Reversión Pattern (Green circle) on Monthly Candles, what gives an Stronger signal.
Arabia Saudi, an Oil based economies are loosing a lot of money because of Low/mínimum prices.
for how long, or how much can they afford a US$ 30 - 40/barrel oil ? Just a matter of time...
Forescast By Bloomberg and Goldman Sachs also predict this new BULLISH OIL ROUND
And I believe this Elliott Wave analysis is pretty accurate..
marketoracle.co.uk/images/2015/Jan/oil-price-prediction-decmber-2012-june-2016.jpg
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.