This is an updated analysis of the price activity since my last published idea concerning WTI crude oil.
I believe we have completed the corrective process to the initial down wave that occurred May 8th. This is ending as an ending diagonal of "C" as labeled on the chart.
I am expecting a downward move in prices in the very near term.
評論
We are in the .786 Fib retracement zone. FWIW
評論
Market is quietly breaking trendlines at the potentially significant .786 retracement level. If I have this mapped out correctly you'll want to be looking to act in the near future.