{"id":44671,"date":"2013-11-27T06:54:55","date_gmt":"2013-11-27T11:54:55","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=44671"},"modified":"2013-11-27T06:54:55","modified_gmt":"2013-11-27T11:54:55","slug":"wave-analysis-27-11-2013-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/11\/27\/wave-analysis-27-11-2013-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 27.11.2013 (DJIA Index, Crude Oil)"},"content":{"rendered":"<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\">RoboForex.com<\/a><\/strong><\/p>\n<h2>Analysis for November 27<sup>th<\/sup>, 2013<\/p>\n<p>DJIA Index<\/h2>\n<p>Current chart structure implies that Index completed bullish impulse inside wave <strong>1<\/strong>. It looks like on minor wave level price finished wave <strong>[2]<\/strong> and right now is starting to reverse. Probably, bears may return to the market during the day.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2013\/november\/27\/djiaw1.png\" \/><\/p>\n<p>As we can see at the H1 chart, price formed descending <em>wedge<\/em> pattern inside wave <strong>1<\/strong>. Possibly, instrument also formed <em>zigzag<\/em> pattern inside wave <strong>2<\/strong> and is about to start falling down inside the third one. During local correction, I opened sell order with stop placed a bit above maximum.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2013\/november\/27\/djiaw2.png\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>Oil is still moving downwards; I\u2019ve already moved stop on my sell order into the black. Earlier, after completing long <em>extension<\/em> inside the third wave, instrument finished wave <strong>(4)<\/strong>. Price may break minimum during the day.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2013\/november\/27\/crude1.png\" \/><\/p>\n<p>More detailed new wave structure is shown on H1 chart. Wave <strong>(4)<\/strong> took the form of <em>zigzag<\/em> pattern and then price completed initial impulse inside wave <strong>1<\/strong>. While forming wave <strong>2<\/strong>, instrument has eliminated the gap occurred during the market opening on Monday. In the near term, I expect price to continue falling down inside wave <strong>3 of (5)<\/strong>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2013\/november\/27\/crude2.png\" \/><\/p>\n<p><strong>RoboForex Analytical Department<\/strong><\/p>\n<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\">RoboForex.com<\/a><\/strong><\/p>\n<p><strong>Attention!<\/strong><br \/>\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com Analysis for November 27th, 2013 DJIA Index Current chart structure implies that Index completed bullish impulse inside wave 1. It looks like on minor wave level price finished wave [2] and right now is starting to reverse. Probably, bears may return to the market during the day. As we can see at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/11\/27\/wave-analysis-27-11-2013-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 27.11.2013 (DJIA Index, Crude Oil)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-44671","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/44671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=44671"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/44671\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=44671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=44671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=44671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}