within 5 hrs of opening market will top and fall in crude
jdgpro
⋅
Looks like a bull flag getting ready for the next leg up to $53.75
Trading_Wave_By_Wave
⋅
lovely analysis for the long term i believe there is one more leg up for oil to 53-54, according to my analysis there is a top and a bat pattern at that price. I expect some sort of accumulation forming a range of some sort OPEC may want to break the top kill the bat but the question is, is that possible since the cut is not really in the favor of market share so we wait and se what opec does at 53-54 or in the range in that area. Over all I expect the move down.