I think WTI is in a fabulous uptrend with target about 88 USD to 90 USD!
Now we are in a corrective wave 2 pattern which belongs to a final wave 5 of 3 as you can see in the chart above and below. WTI closes the final wave 5 of 3 as a so called ending diagonal.
The green box shows the expected area where wave 2 comes to its end (at about 66 USD, I...
we will see a tremendous increase to 3,000 points after the correction that has just begun ends in the green tradingbox you can see in the chart above. I think that the big correction since all-time-high is done as a triangle. Since then the bulls are laying the basis for new highs: 1-2 Elliott-wave impulsive setup (these setups are the basic pattern of...
I think the dow is in a strong bullmarket – superordinate. It seems that wave 4 (purple in brackets) has completet it‘s mission already and ended as a triangle.
But: On the short term, I see a possibility to short it. Startpoint: red box. Endpoint: green box.
So the green box then is the startpoint of the long...