Overview:
Awaiting the FOMC minutes and
API crude oil stocks
Strategy:
Our current position's Delta: +0.10
(rebalanced at $77.18
from -0.73). Follow the market.
Technical signals:
Stochastic crossed the signal but still in negative
territory, RSI in neutral area.
Trends analysis:
primary(purple): corrective structure wave A
intermediate(green): corrective structure wave B
minor(yellow): corrective structure wave A
Bullish targets:
first@ $78.80/$79.00
second@ $79.70/$80.00
Mandatory rebalance level
/Stop loss: as we are neutral is not set
Bearish targets:
first@ $76.80
second@ $75.80/$75.60
Awaiting the FOMC minutes and
API crude oil stocks
Strategy:
Our current position's Delta: +0.10
(rebalanced at $77.18
from -0.73). Follow the market.
Technical signals:
Stochastic crossed the signal but still in negative
territory, RSI in neutral area.
Trends analysis:
primary(purple): corrective structure wave A
intermediate(green): corrective structure wave B
minor(yellow): corrective structure wave A
Bullish targets:
first@ $78.80/$79.00
second@ $79.70/$80.00
Mandatory rebalance level
/Stop loss: as we are neutral is not set
Bearish targets:
first@ $76.80
second@ $75.80/$75.60
Delta Zero team.
