{"id":50233,"date":"2014-04-29T06:59:02","date_gmt":"2014-04-29T10:59:02","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50233"},"modified":"2014-04-29T06:59:02","modified_gmt":"2014-04-29T10:59:02","slug":"wave-analysis-29-04-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/29\/wave-analysis-29-04-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 29.04.2014 (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 29<sup>th<\/sup>, 2014<\/p>\n<p>DJIA Index<\/h2>\n<p>Probably, yesterday Index finished wave <strong>(2)<\/strong>. Earlier, after completing <em>double three<\/em> pattern inside wave <strong>[2]<\/strong>, price formed initial bullish impulse. Most likely, during this week instrument index will reach new maximum while forming the third wave.<\/p>\n<p><img decoding=\"async\" style=\"width: 548px; height: 490px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/29\/djiaw1.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, Probably, wave <strong>(2)<\/strong> took the form of <em>zigzag<\/em> pattern. On minor wave level, price formed ascending impulse inside the first wave. After completing local correction, instrument may start growing up inside wave <strong>3 of (3)<\/strong>.<\/p>\n<p><img decoding=\"async\" style=\"width: 548px; height: 487px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/29\/djiaw2.png\" alt=\"\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>It looks like Oil is still falling down inside the third wave. In the near term, price may start correction, but it will have no influence on our main targets. During the next several weeks<strong>, <\/strong>market may break minimum of wave <strong>1<\/strong>.<\/p>\n<p><img decoding=\"async\" style=\"width: 551px; height: 480px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/29\/crude1.png\" alt=\"\" \/><\/p>\n<p>More detailed wave structure is shown on H1 chart. Probably, instrument finished bearish impulse inside wave <strong>[1]<\/strong>. After completing correction, instrument is expected to continue falling down and reach new minimums.<\/p>\n<p><img decoding=\"async\" style=\"width: 550px; height: 480px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/29\/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><\/p>\n<p>Forecasts 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 April 29th, 2014 DJIA Index Probably, yesterday Index finished wave (2). Earlier, after completing double three pattern inside wave [2], price formed initial bullish impulse. Most likely, during this week instrument index will reach new maximum while forming the third wave. As we can see at the H1 chart, Probably, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/29\/wave-analysis-29-04-2014-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 29.04.2014 (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-50233","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50233","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=50233"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50233\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}