CL1! | 36D | OIL OIL OIL

Short

Contrats à terme sur pétrole brut léger (NYMEX:CL1!)

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NYMEX:CL1! Contrats à terme sur pétrole brut léger

Harmonic Patterns Triangle oiloiloil

harmonicpatterns triangle oiloiloil

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.

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3H has reversed today's move:

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Putting my wave glasses on the weekly chart:

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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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Commentaire:

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

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Bouncing on the support line..

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Commentaire:

new candle :

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finally bounced on the next support line (yellow)

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Ordre annulé:

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

Commentaire:

resistance is busted.. will now become a support

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