PerpetualLearner

ESZ2018 Trend analysis 9/18

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NYMEX:CLX2018   Crude Oil Futures (Nov 2018)
10 PM EST 9/18

Long Term trying to come down fro 6hr resistance forming a M pattern
It probably started a down swing with 6,8,10 hr support broken now taking resistance from 6 hr at 2917
12Hr support already hit three times..likely drop quite a bit from here


Short term : Should drop to 45 min support or more ( 30 min support at least) Negative ind on 30 mins

Movement range
short term : 5 min up side , 45 min down (1 hr or possible)
Medium term : 2hr support and 4hr Resistance

Confirmed : 3 min negative


Largest tf Positive Indicator : 1hr (hit target)
Largest tf negative Indicator : 1D , 30 min
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