{"id":50480,"date":"2014-05-05T06:28:35","date_gmt":"2014-05-05T10:28:35","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50480"},"modified":"2014-05-05T06:28:35","modified_gmt":"2014-05-05T10:28:35","slug":"wave-analysis-05-05-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/05\/wave-analysis-05-05-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 05.05.2014 (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 May 5<sup>th<\/sup>, 2014<\/p>\n<p>DJIA Index<\/h2>\n<p>Probably, Index is forming <em>extension<\/em> inside wave <strong>(3)<\/strong>. Earlier, after completing <em>double three<\/em> pattern inside wave <strong>[2]<\/strong>, Index formed bullish impulse inside wave <strong>(1)<\/strong>. During the week, market is expected to reach new historic maximum.<\/p>\n<p><img decoding=\"async\" style=\"width: 548px; height: 490px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/05\/djiaw1.png\" alt=\"\" \/><\/p>\n<p>More detailed wave structure is shown on H1 chart. Index finished ascending impulse inside wave <strong>1<\/strong> and then formed <em>zigzag<\/em> pattern inside wave <strong>(2)<\/strong>. In the future, instrument is expected to complete <em>flat<\/em> pattern inside wave <strong>2<\/strong> and then start moving upwards inside the third wave.<\/p>\n<p><img decoding=\"async\" style=\"width: 549px; height: 490px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/05\/djiaw2.png\" alt=\"\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>Oil continues falling down inside the third wave. Probably, earlier price formed bearish impulse inside wave <strong>1<\/strong>. Most likely, in the nearest future instrument may start falling down again and break previous minimum.<\/p>\n<p><img decoding=\"async\" style=\"width: 550px; height: 476px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/05\/crude1.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, Oil formed two first waves. During the day, price is expected to complete wave <strong>(2)<\/strong> and start new descending movement inside the third one. I\u2019m planning to increase my short position as soon as instrument start forming initial descending impulse.<\/p>\n<p><img decoding=\"async\" style=\"width: 550px; height: 478px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/05\/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<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com Analysis for May 5th, 2014 DJIA Index Probably, Index is forming extension inside wave (3). Earlier, after completing double three pattern inside wave [2], Index formed bullish impulse inside wave (1). During the week, market is expected to reach new historic maximum. More detailed wave structure is shown on H1 chart. Index &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/05\/wave-analysis-05-05-2014-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 05.05.2014 (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-50480","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50480","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=50480"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50480\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}