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New Evidence that Oil Prices Follow the Elliott Wave Model

Written By Elliott Wave International on Thursday, Jun 15, 2017 | 04:28 PM

 
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 On June 14, the price of U.S. oil fell below $45 a barrel, and some are blaming the slide on oversupply. But, is that the real reason? See how the Elliott wave model has been highly useful in staying ahead of oil's trend turns.