{"id":48400,"date":"2014-03-12T07:24:04","date_gmt":"2014-03-12T11:24:04","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=48400"},"modified":"2014-03-12T07:24:04","modified_gmt":"2014-03-12T11:24:04","slug":"wave-analysis-12-03-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/12\/wave-analysis-12-03-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 12.03.2014 (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 March 12<sup>th<\/sup>, 2014<\/p>\n<p>DJIA Index<\/h2>\n<p>In case of Index, main trend is still bullish despite slight correction. Possibly, in the nearest future may continue forming <em>extension<\/em> inside the third wave. Critical level here is minimum of wave <strong>(2)<\/strong>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/12\/djiaw1.png\" \/><\/p>\n<p>As we can see at the H1 chart, after completing <em>zigzag <\/em>pattern inside wave <strong>(2)<\/strong>, Index formed initial impulse inside the first wave on minor wave level. Current chart structure implies that pair may have already finished local correction. I\u2019ll increase my long position as soon as price starts new ascending movement.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/12\/djiaw2.png\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>Oil is falling down; bears have already broken minimum of the first wave. It looks like right now price is forming the third wave. Stop on my buy order is already in the black; I\u2019m planning to increase my position during correction.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/12\/crude1.png\" \/><\/p>\n<p>More detailed wave structure is shown on H1 chart. After completing short impulse inside wave <strong>(C) of [2]<\/strong>, Oil started falling down inside the third one. In the nearest future, price is expected to finish wave <strong>(3)<\/strong> and start local correction.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/12\/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 March 12th, 2014 DJIA Index In case of Index, main trend is still bullish despite slight correction. Possibly, in the nearest future may continue forming extension inside the third wave. Critical level here is minimum of wave (2). As we can see at the H1 chart, after completing zigzag pattern &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/12\/wave-analysis-12-03-2014-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 12.03.2014 (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-48400","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48400","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=48400"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48400\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=48400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=48400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=48400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}