Keops

CL1! | 36D | OIL OIL OIL

Short
Keops Updated   
NYMEX:CL1!   Light Crude Oil Futures
Looks like 6 month old rally in |oil| has hit a short-mid term top. A 10-12% correction is in the cards if I'm correct.

3H has reversed today's move:

Putting my wave glasses on the weekly chart:

Cheers,

Keops
Comment:
mmmm... next week will be very important.. 3H did not close higher than previous high. to be monitored closely
Comment:
Yield on the |30US| Bond is about to reverse ..
Comment:
Bouncing on the support line..
Comment:
new candle :
Comment:
Comment:
finally bounced on the next support line (yellow)
Order cancelled:
going higher folks... thanks to Mr. Stong Dollah **cough cough**
Comment:
resistance is busted.. will now become a support
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