WTI Roadmap April 2017

27 avr. 2017

Yet again weak corrective move but should go up into the summer

27 avr. 2017

Note

Attacking the 55 wma

27 avr. 2017

Note

Really big fight around 55 wma

27 avr. 2017

Note

WTI held today, which is encouraging

29 avr. 2017

Note

Next 1 to 2 weeks critical for a reversal higher

1 mai 2017

Note

Yet again, 55 wma

2 mai 2017

Note

Quite a spike down

6 mai 2017

Note

This broke down but lets see this week whether can recover above

19 mai 2017

Note

So WTI was a fake breakdown and it strongly recovering now. The move up from 44 is a 5 wave one which means that there should be at least one more 5 wave leg after a pullback. So clearly WTI correction was somewhat stronger than thought but recovering now