CL wider view. Possible big moves.

2017年2月18日

As you can see, we've been consolidating with very little movement last week. Actually, it's the weakest weekly candle since the year of 2003! Quite possibly resetting Indicators for a big move. As it appears, we might be at the cliff right now. It's edging on the 1.0 handle of that wide upsloper. If it dips below it, we might be negating that C and move towards forming a new one, hunting for a LOY. However, if we stay in this fork, it's a big sign of a possible strong upmove, hunting for a new HOY. I believe it will play out Monday/Tuesday already.