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This is how I understand the movement in UKOIL with elliott wave analysis. I just shared it here and marked it as a education idea. Comments and suggestions are welcome! Good luck for everyone!

Copper might have finished the wave (4) mid-term flat correction. https://www.tradingview.com/chart/COPPER/MMqlcRDq-Elliott-wave-analysis-on-copper-2016-12-30/ Wave (5) might start from here. The target should be similar with wave (1) (sorry I labeled (A) before) because we have an extended wave ...

Gold has rebounded 24 weeks after getting supported from the previous wedge support line. https://www.tradingview.com/chart/XAUUSD/Ks0nvpLG-Update-the-elliott-wave-count-for-Gold-2017-01-05/ Nowadays the price came to the long-term resistance line twice but both were rejected. An ending diagonal pattern was formed here and warned us a top was formed (might be a ...

The head and shoulder pattern in DXY was confirmed and went down to 96.51 for last months. https://www.tradingview.com/chart/DXY/NglRE771-DXY-might-bounce-up-to-form-a-right-shoulder-here-2017-01-18/ The falling down was first a leading diagonal pattern and then a short-term B wave bounce and C sharply down. The HS pattern target was hit. It might have a ...

A 14 months mode is formed in SHCOMP. It seems that it got supported on the key hidden level. The projected price target and time target are labeled in chart. Good luck for everyone!

Although the usoil is still in a weekly correction trend, I have to say that the correction is nearly to the end. It provides a very good month entry opportunity with target around 75$ by May 2018. I would suggest to buy usoil as stock with holding for nearly one year until May 2018. Weekly ...

https://www.tradingview.com/chart/USOIL/2Pt6uDT7-USOIL-futures-2017-05-26/ Usoil was consolidated for 13 weeks in the top. This week is the 13th week after its breakdown. It seems that the bottom will be formed this week. If we check the previous low until top was 22 weeks, it is another 22 weeks after the top. The time target is overlapping. From EW aspect ...

A clear five waves down has completed with a flat correction and sharp zigzag correction. Soybean might have bottomed here. It provides a good R/R entry opportunity here. Good luck for everyone!

USOIL undergoes a pull back after a consolidation of 13 weeks (see chart). The pull back is last 11 weeks now. I have to say it is hard to trade currently. Buy the dip (around 42) might be a better suggestion. Good luck for everyone!

The up momentum for usoil is weak but the down momentum is quite strong. USOIL might go back to 42 and 38 again. Good luck for everyone!

After a quick decline for these weeks, usoil might have finished the correction waves. https://www.tradingview.com/chart/USOIL/GnkbwZHk-Oil-is-going-to-decline-more-to-form-right-shoulder-2017-04-27/ It might start the rising again. It gives a good opportunity to buy oil for a long term investment at this low price. Good luck for everyone!

If the support can be hold, it is a good opportunity to buy xptusd again. It gives a good R/R ratio but we need to pay attention to the down momentum. Good luck for everyone!

Silver is coming to the support line again. It might bounce from here and give a short-term long opportunity. The decline momentum is still very large, so it is just short-term long. The sl is under the support line. Good luck for everyone!

It seems that wheat has finished the wave (C) down. Pay attention to whether it can break up the decline channel. Good luck for everyone!

Oil is declining these weeks. From EW analysis it is going to decline more to form the right shoulder. The wedge was broken here. Furtherer decline can be expected here. The target will be around 42. For the worse case it can go to 38. Good luck to everyone!

Some updates from last chart. https://www.tradingview.com/chart/CL1!/WkNUrNRM-Elliott-wave-analysis-on-usoil-2017-02-04/ Good luck for everyone!

Some updates on usoil following the analysis last time. https://www.tradingview.com/chart/CL1!/VLJmqUqV-USOIL-starts-another-large-correction-up-with-target-around-62/ Good luck for everyone!

The correction waves are clear now. It seems that usoil is in a triangle. It still needs one more wave down for the pull back. It will be a good chance to buy after this last wave down. Good luck for everyone!