🛢 CRUDE – 14th week of the base cycle (28 weeks), a very mature Phase 1. The March 3 extreme forecast reversed a 2-day correction into a new bearish wave, pushing below the broken and eroded support level. This scenario was anticipated two weeks ago.
Price range from the March 3 extreme forecast to the current move: $2K per contract.
Based on timing (14 weeks) and chart structure, Phase 2 may have begun.
⚠️ Bearish outlook remains, as outlined in my summer 2024 crude oil post.
Next extreme forecast: March 19, aligning with retrograde Mercury on March 17.
Price range from the March 3 extreme forecast to the current move: $2K per contract.
Based on timing (14 weeks) and chart structure, Phase 2 may have begun.
⚠️ Bearish outlook remains, as outlined in my summer 2024 crude oil post.
Next extreme forecast: March 19, aligning with retrograde Mercury on March 17.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。