Yesterday Crude signaled its move into its next short term Trading Cycle Low when it finally broke below my Green TC Uptrend line.  Crude has been a beast to trade lately and at day 37 it is already in the middle of its timing band to find a TC Low (33-50 days on average).  A day 33 high should result in a Right Translated short term Trading Cycle.

My second chart shows the one year price action showing overhead resistance and underlying support.


WTIC Oil Trading Cycle — No Comments

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