WTI Roadmap Sep 2017

Aktualisiert
Signs of strength
Anmerkung
Feb 2017 downtrend resistance broken
Anmerkung
This long consolidation appears to shape as a triangle so far
Anmerkung
US could exit Iran deal as early as next month. Quarterly certification in mid Month, Trump was aggressive yesterday. Could that be the MidEast catalyst I have been looking for?
Anmerkung
More indirect signs of rising MidEast tension plus LT cycles turning bullish. Good so far
Anmerkung
Solid, more and more triangle like which of course means one larger wave missing
Anmerkung
Good bounce from 55 wma and Iranian decision coming soon. Appears to me triangle on the way to be completed
Anmerkung
Oil appears to be ready for a new upleg or close to completing the consolidation
Anmerkung
Next week we have Oct 26 and oil is ready to breakout finally from this long long consolidation
Anmerkung
Oil at multiyear downtrend resistance. If overcome (base case) then upside is open initially to mid/high 60s
Trend Analysis

Verbundene Veröffentlichungen

Haftungsausschluss