The Chart is extreme Price Ratio behavior within
the WTIC to BDI Ratio.
Extreme is relative to TIME, as the ROC is quite robust.
And yet it remains at a mere fraction of its prior high @ 1.232.
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Price is going to make a very large move in Crude Oil @ minimum
$10 and perhaps far more.
Recently we have seen this Ratio indicate the Sell at an extreme.
_______________________________________________________
The UAE Droeb attack news on a Holiday did very little to move
Price.
However, events such as attacks upon Oil Fields tend towards moving
Price up $10 in hours as it did last time.
________________________________________________________
There is an opportunity for those with a strong stomach.
the WTIC to BDI Ratio.
Extreme is relative to TIME, as the ROC is quite robust.
And yet it remains at a mere fraction of its prior high @ 1.232.
______________________________________________________
Price is going to make a very large move in Crude Oil @ minimum
$10 and perhaps far more.
Recently we have seen this Ratio indicate the Sell at an extreme.
_______________________________________________________
The UAE Droeb attack news on a Holiday did very little to move
Price.
However, events such as attacks upon Oil Fields tend towards moving
Price up $10 in hours as it did last time.
________________________________________________________
There is an opportunity for those with a strong stomach.