Loonie, OSX, Crude – time for another inflection? UPDATE

10/24/2016 – target hit on the USD vs LOONIE.  Watch this one carefully.  It “appears” that everyone is thinking of a big breakout but, as you can see, we had multiple targets coming into play and they were hit today.

WATCH FOR A DAILY CLOSE BACK BENEATH CHANNEL OR THE .382 as shown.

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go ahead and follow this link if you want to follow some real time PATTERNS w/ technical analysis and the correlation between the 3 items in the subject line: https://bartscharts.com//?s=LOONIE

appears we are at another critical juncture:

  • Crude – 2 buy patterns present.
  • OSX – buy level indicated
  • USD vs LOONIE – multiple patterns present for another move in LOONIE strength.

again, these are just patterns folks … but we have a very clearly defined demarcation line for the next move to begin.

stay tuned

Bart

charts below, let me know if you have any questions.

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Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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