WTI… A short term top
Middle East tensions aside …WTI is in the process of forming a bearish Wolfe Wave top as well as heading into a resistance area in effect for the past month.
This is one of the components of TV’s August Leap challenge.
I would be looking to establish a short/cover a long on any hesitation here.
Please bear in mind we have a lot of market moving news this week.
A tight stop is in order or just wait for the the markets reaction to this news.
Not investment advice. Do your own due diligence.
S
This is one of the components of TV’s August Leap challenge.
I would be looking to establish a short/cover a long on any hesitation here.
Please bear in mind we have a lot of market moving news this week.
A tight stop is in order or just wait for the the markets reaction to this news.
Not investment advice. Do your own due diligence.
S
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Update…. Some softness showing up
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Finally… lots of volatility ahead with CPI tomorrow and Retail sales on Thursday.. (US)
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1/3 position taken off...
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update
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closed...
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.