{"id":50166,"date":"2014-04-28T06:49:24","date_gmt":"2014-04-28T10:49:24","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50166"},"modified":"2014-04-28T06:49:24","modified_gmt":"2014-04-28T10:49:24","slug":"wave-analysis-28-04-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/28\/wave-analysis-28-04-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 28.04.2014 (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 28<sup>th<\/sup>, 2014<\/p>\n<p>DJIA Index<\/h2>\n<p>After completing <em>double three<\/em> pattern inside wave <strong>[2]<\/strong>, price formed initial bullish impulse inside the first wave. Probably, Index finished correction and started forming the third wave. Possibly, instrument may reach new historic maximum during this week.<\/p>\n<p><img decoding=\"async\" style=\"width: 548px; height: 488px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/28\/djiaw1.png\" alt=\"\" \/><\/p>\n<p>More detailed wave structure is shown on H1 chart. Probably, wave <strong>(2)<\/strong> took the form of <em>zigzag<\/em> pattern. On minor wave level, price is forming ascending impulse. Instrument may continue growing up and forming the first wave during the day.<\/p>\n<p><img decoding=\"async\" style=\"width: 548px; height: 484px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/28\/djiaw2.png\" alt=\"\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>Oil is falling down inside the third wave. Probably, earlier price formed bearish impulse inside wave <strong>1<\/strong> and then completed correction inside the second one. During the next several weeks<strong>, <\/strong>market may break minimum of the first wave.<\/p>\n<p><img decoding=\"async\" style=\"width: 549px; height: 478px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/28\/crude1.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, instrument finished <em>extension <\/em>inside the third wave of wave <strong>[1]<\/strong> and started correction inside the fourth one. It looks like in the nearest future instrument is expected to form <em>flat<\/em> pattern. After that, bears may continue pushing price downwards inside wave <strong>(5) of [1]<\/strong>.<\/p>\n<p><img decoding=\"async\" style=\"width: 550px; height: 478px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/28\/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 28th, 2014 DJIA Index After completing double three pattern inside wave [2], price formed initial bullish impulse inside the first wave. Probably, Index finished correction and started forming the third wave. Possibly, instrument may reach new historic maximum during this week. More detailed wave structure is shown on H1 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/28\/wave-analysis-28-04-2014-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 28.04.2014 (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-50166","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50166","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=50166"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50166\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}