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hehe
Jan 3, 2016 4:16 PM

$OIL - Occam's Razor - Short Term Long Long

Crude Oil FuturesNYMEX

Description

... if this is a Ending Diagonal - in wave C we are lacking one sub-wave ... but ... beggars can’t be choosers !
...imo - the weather in the North Sea and tension between Iran and Saudi Arabia, will give us growth.


britannica.com/topic/Occams-razor

usatoday.com/story/news/world/2016/01/02/saudi-arabia-executions/78199624/

Trade closed manually

... this is our missing 7. sub-wave in wave C.
Comments
Will_Wong
Descending wedge within a wedge already broke out!
hehe
...sure - but this is still question about structure: if this #ED wave C must have 3,7 or 11 sub-waves.
Will_Wong
I think there is still room for this ED to complete its structure but I did post a long term EW chart that shows the wave 4 low at the wave 1 high which supports my contention that oil has printed a long term wave 4 low.
hehe
... very interesting.
Will_Wong
Here is the chart:-

mika2k1ff
Could be waiting for that train for a long while as destination E already happened on log chart.. :)
hehe
...iIt is said that this is last time ;)
hehe
Saudi Arabia severs ties with Iran, foreign minister says.

Will_Wong
Oil futures up 2% so far!
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