{"id":50957,"date":"2014-05-15T06:20:21","date_gmt":"2014-05-15T10:20:21","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50957"},"modified":"2014-05-15T06:20:21","modified_gmt":"2014-05-15T10:20:21","slug":"wave-analysis-15-05-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/15\/wave-analysis-15-05-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 15.05.2014 (DJIA Index, Crude Oil)"},"content":{"rendered":"

Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for May 15th<\/sup>, 2014<\/p>\n

DJIA Index<\/h2>\n

It looks like Index is still extending <\/em>wave (3)<\/strong> with the fourth wave inside it. In the near term, correction may continue, but later instrument is expected to start moving upwards inside wave 5 of (3)<\/strong>.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, wave [5] of 3<\/strong> turned out to be quite short. Most likely, during the next several days price may continue moving inside flat<\/em> pattern, that\u2019s why right now I\u2019m staying out of the market. Critical level here is maximum of wave 1<\/strong>.<\/p>\n

\"\"<\/p>\n

Crude Oil<\/h2>\n

Probably, Oil finished wave [2]<\/strong>. Earlier price formed bearish impulse inside the first wave. Possibly, in the nearest future instrument may start falling down inside wave [3] of 3<\/strong>.<\/p>\n

\"\"<\/p>\n

More detailed wave structure is shown on H1 chart. Probably, wave [2]<\/strong> took the form of zigzag <\/em>pattern. On minor wave level, Oil finished initial descending impulse. During local correction, I opened sell order with stop placed at maximum.<\/p>\n

\"\"<\/p>\n

RoboForex Analytical Department<\/strong><\/p>\n

Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Attention!<\/strong>
\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>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for May 15th, 2014 DJIA Index It looks like Index is still extending wave (3) with the fourth wave inside it. In the near term, correction may continue, but later instrument is expected to start moving upwards inside wave 5 of (3). As we can see at the H1 chart, wave … <\/p>\n

Continue reading “Wave Analysis 15.05.2014 (DJIA Index, Crude Oil)”<\/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-50957","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50957","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=50957"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50957\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}