{"id":48869,"date":"2014-03-24T07:05:24","date_gmt":"2014-03-24T11:05:24","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=48869"},"modified":"2014-03-24T07:05:24","modified_gmt":"2014-03-24T11:05:24","slug":"wave-analysis-24-03-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/24\/wave-analysis-24-03-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 24.03.2014 (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 24<sup>th<\/sup>, 2014<\/p>\n<p>DJIA Index<\/h2>\n<p>Index is still being corrected. It looks like wave <strong>[2]<\/strong> is taking the form of <em>zigzag <\/em>pattern. On minor wave level, market is expected to complete wave <strong>(B)<\/strong> and then continue falling down and form bearish impulse inside wave <strong>(C) of [2]<\/strong>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/24\/djiaw1.png\" \/><\/p>\n<p>More detailed wave structure is shown on H1 chart. Probably, Index finished ascending <em>zigzag<\/em> pattern inside wave <strong>(B)<\/strong>. On minor wave level, market formed initial impulse inside wave <strong>1<\/strong>. After completing short second wave, instrument tis expected to start new descending movement inside the third one.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/24\/djiaw2.png\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>Oil started forming the third bearish wave. Earlier price completed impulse inside wave <strong>1<\/strong> and then started correction. I\u2019ve got only one sell order so far, but I\u2019m planning to ass several more in the future.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/24\/crude1.png\" \/><\/p>\n<p>As we can see at the H1 chart, wave <strong>2<\/strong> took the form of <em>zigzag<\/em> pattern. On minor wave level, market formed impulse inside wave <strong>[C]<\/strong> and started forming descending impulse <strong>[1]<\/strong>. Possibly, instrument may reach new minimum during the day.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/24\/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<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com Analysis for March 24th, 2014 DJIA Index Index is still being corrected. It looks like wave [2] is taking the form of zigzag pattern. On minor wave level, market is expected to complete wave (B) and then continue falling down and form bearish impulse inside wave (C) of [2]. More detailed wave &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/24\/wave-analysis-24-03-2014-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 24.03.2014 (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-48869","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48869","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=48869"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48869\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=48869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=48869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=48869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}