{"id":50016,"date":"2014-04-23T06:51:02","date_gmt":"2014-04-23T10:51:02","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50016"},"modified":"2014-04-23T06:51:02","modified_gmt":"2014-04-23T10:51:02","slug":"wave-analysis-23-04-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/23\/wave-analysis-23-04-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 23.04.2014 (DJIA Index, Crude Oil)"},"content":{"rendered":"<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\"><span style=\"text-decoration: underline;\">RoboForex.com<\/span><\/a><\/strong><\/p>\n<h2>Analysis for April 23<sup>rd<\/sup>, 2014<\/p>\n<p>DJIA Index<\/h2>\n<p>Index is starting new ascending movement. Probably, earlier price completed <em>double three<\/em> pattern inside wave <strong>[2]<\/strong> and right now is forming bullish impulse inside the third wave. On minor wave level, after finishing the second wave, price started forming wave <strong>(3)<\/strong> and may break maximum quite soon.<\/p>\n<p><img decoding=\"async\" style=\"width: 548px; height: 490px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/23\/djiaw1.png\" alt=\"\" \/><\/p>\n<p>More detailed wave structure is shown on H1 chart. It looks like price finished the first wave inside wave <strong>(3)<\/strong>. After completing local correction, during which I opened another buy order, price is expected to start moving upwards inside wave <strong>3 of (3)<\/strong>.<\/p>\n<p><img decoding=\"async\" style=\"width: 548px; height: 486px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/23\/djiaw2.png\" alt=\"\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>Probably, Oil is starting new descending movement inside the third wave. Earlier price formed bearish impulse inside wave <strong>1<\/strong> and then completed correction inside wave <strong>2<\/strong> as well. In the near term, market is expected to continue falling down.<\/p>\n<p><img decoding=\"async\" style=\"width: 551px; height: 479px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/23\/crude12.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, price is forming <em>extension <\/em>inside wave <strong>(3)<\/strong>. During the day Oil may form local correction, at the end of which I\u2019m planning to start selling.<\/p>\n<p><img decoding=\"async\" style=\"width: 551px; height: 479px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/23\/crude2.png\" alt=\"\" \/><\/p>\n<p><strong>RoboForex Analytical Department<\/strong><\/p>\n<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\"><span style=\"text-decoration: underline;\">RoboForex.com<\/span><\/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","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com Analysis for April 23rd, 2014 DJIA Index Index is starting new ascending movement. Probably, earlier price completed double three pattern inside wave [2] and right now is forming bullish impulse inside the third wave. On minor wave level, after finishing the second wave, price started forming wave (3) and may break maximum &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/23\/wave-analysis-23-04-2014-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 23.04.2014 (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-50016","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50016","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=50016"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50016\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}