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Crude – BUY PATTERN in/around 52-53
Posted on August 6, 2019 Leave a Comment
like the EEM … big support here. if we lose it, look out below … note, the 15 minute and 240 minute patterns … it shows the fractal nature of the market and, in this case, we have a pattern (15 minute (orange w/ dashed black outline) w/in a BIGGER 4 hour pattern (light blue) […]
Crude Oil Approaching BIG low …update to the update to the update
Posted on December 6, 2017 Leave a Comment
12/06/2017 – looks like we are smacking into some large resistance from a time and price perspective. here or a little higher should do it for Crude for now. ——————————————————————————————————————————- 2/2/2017 – can’t believe it’s been over a year since I posted on crude – but I guess it has. as you can see below, […]
Crude BUY pattern present – update
Posted on June 30, 2017 Leave a Comment
06/30/2017 – note measured moves up (blue arrows) – would use those as targets for now. As long as loonie continues to thump the USD, then this might have legs beyond those measured moves. B ____________________________________________________________________________________________
interesting … the RATIO of USD / CRUDE
Posted on February 12, 2017 Leave a Comment
folks, need to pay attention here … below you’ll find two charts: RATIO of $$$ / Crude Oil (continuous contract) – note the nice sell pattern that completed a couple months ago. now notice … we are hanging by a thread for USD to continue to weaken against Crude Ratio of $$$ / Crude oil […]
Crude Oil Approaching BIG low …
Posted on February 2, 2017 Leave a Comment
2/2/2017 – can’t believe it’s been over a year since I posted on crude – but I guess it has. as you can see below, the ‘math’ tagged the low in crude. where do we go from here? well, the ‘easy count’ and that’s what I’m into says – perhaps – a little higher and […]
Update on ratio of OSX/NYA
Posted on May 31, 2016 Leave a Comment
05/31/2016 here’s an update to the BUY of the RATIO of OSX/NYA. couple things to note: pattern held and note the move UP in Crude pretty much the same day the pattern hit it’s not that much of a bounce …would expect it to have been bigger, especially w/ the move in Crude and the […]
USO hit 1.618 extension
Posted on January 23, 2016 Leave a Comment
also, note from the first impulse move down, you can draw all the trend lines w/ 45 degree angles. kind of cool … 1.618 extension target hit ….
Crude Oil Approaching BIG low …
Posted on January 11, 2016 Leave a Comment
1/11/2016 update. note the percentage corrections … certainly looks like 30 and 25 are possibility. Especially since the OSX/NYA ratio hasn’t bottomed along w/ the Loonie but i do believe we are getting ready for a big bounce.