Hey Traders so today wanted to give quick update on these charts. US Dollar still showing signs of strength and Crude Oil is now back in downtrend in my opinion. Keep in mind that all these technical developments can change daily. But I believe you only have to check it once a day when the market closes to see the long term trend. I think if you see a bottom or top formation on the daily charts normally it is accuarate because it takes the market time to carve out these long term formations. Of course always keep in mind fundamentals can alter these techincal analysis formations also.
Enjoy!
Trade Well,
Clifford
Enjoy!
Trade Well,
Clifford
