USOIL

2016年8月18日

Trying to target USOIL. Sooner or later the trade must end, trying to determine a top is tough. I see 2 scenarios. On the attached chart. EW 1-5 is clear with a target of $53.43. Also, I can see a smaller 12345 within current wave 3 (green dotted lines) which would have a top at $49.11. I'm leaning for both to be correct. a pullback shortly wiithin the red resistance zone, then a push higher to (5). That would also make a completion for the current move and AB=CD continuation to (5). Either way, OIL goes higher.

2016年8月22日

注释

Get ready for the pullback in the resistance zone, 1/2 cycle low. Then another strong move higher.

2016年8月24日

注释

Bull Flag forming. We expected this consolidation. Hang in there

2016年9月1日

交易开始

Bull flag should be complete here and ready to start moving higher towards $54.

2016年10月5日

注释

Consolidation complete and moving above the resistance zone. Should run strong when the dollar drops. Trade still on