Yet again weak corrective move but should go up into the summer
Comment
⋅
Attacking the 55 wma
Comment
⋅
Really big fight around 55 wma
Comment
⋅
WTI held today, which is encouraging
Comment
⋅
Next 1 to 2 weeks critical for a reversal higher
Comment
⋅
Yet again, 55 wma
Comment
⋅
Quite a spike down
Comment
⋅
This broke down but lets see this week whether can recover above
Comment
⋅
So WTI was a fake breakdown and it strongly recovering now. The move up from 44 is a 5 wave one which means that there should be at least one more 5 wave leg after a pullback. So clearly WTI correction was somewhat stronger than thought but recovering now