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OurInterest
Mar 1, 2016 8:09 PM

Almost gartley  

NYMEX:CL1!
Crude Oil FuturesNYMEX

描述

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Almost gartley
评论
AMBRISH
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levels please.
OurInterest
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Sorry It doesn't qualify as a Gartley pattern hence I said almost. Not every pattern out there will work either.
ykshadowboxer
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Hi Guys,

It looks more like a butterfly pattern when analyzing. Cap out at 38.65 for a retracement. Thoughts?
OurInterest
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I would expect oil to come under pressure around 38 level.
ykshadowboxer
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Definitely hit a resistance at that level and legs are getting tired. Not much of a reaction from SPX with the oil rally.
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