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Keops
12 janv. 2018 00:42

CL1! | 36D | OIL OIL OIL Short

Crude Oil FuturesNYMEX

Description

Looks like 6 month old rally in |oil| has hit a short-mid term top. A 10-12% correction is in the cards if I'm correct.


3H has reversed today's move:


Putting my wave glasses on the weekly chart:


Cheers,

Keops

Commentaire

mmmm... next week will be very important.. 3H did not close higher than previous high. to be monitored closely

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Yield on the |30US| Bond is about to reverse ..

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Bouncing on the support line..

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new candle :

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finally bounced on the next support line (yellow)

Ordre annulé

going higher folks... thanks to Mr. Stong Dollah **cough cough**

Commentaire

resistance is busted.. will now become a support
Commentaires
Teich50
Crude tends to rally a bit into a weekend. It's a premium that the buyers are paying in case of political events breaking out, etc.
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