Update: Oil expanding triangle thesis may be wrong, the post pattern behavior of this C/3 wave will tell us.
For now, oil looks to offer some healthy upside of 5 points or so before reaching its next decision point.
In the near term, Analysis on chart, clarity comes in more data -obviously-.. Triangles are key signals in impulses, as they precede the final move of a series.
For now, oil looks to offer some healthy upside of 5 points or so before reaching its next decision point.
In the near term, Analysis on chart, clarity comes in more data -obviously-.. Triangles are key signals in impulses, as they precede the final move of a series.
