WTI to drop below $50? Crude Oil momentum to carry on down
This is part of my ongoing analysis of WTI moves.
Prices have been dropping at an alarming rate.
Dead Cat bounce is possible but lower is likely.
52.11 - 52.54 is current support but unlikely to hold.
49.67 - 49.80 is minimum end of current wave.
47.92 - 48.16 is the likely end of current wave.
Previous Crude Oil Analysis:
Feb 2019 call for $62
Apr 2019 warning of Top
Some of my other Recent trade plans:
SPX recent Top
Silver Long
Gold Long to $1366
Gold Long to Short
I also plot Forex and Crypto, take a look at my profile page.
Prices have been dropping at an alarming rate.
Dead Cat bounce is possible but lower is likely.
52.11 - 52.54 is current support but unlikely to hold.
49.67 - 49.80 is minimum end of current wave.
47.92 - 48.16 is the likely end of current wave.
Previous Crude Oil Analysis:
Feb 2019 call for $62
Apr 2019 warning of Top
Some of my other Recent trade plans:
SPX recent Top
Silver Long
Gold Long to $1366
Gold Long to Short
I also plot Forex and Crypto, take a look at my profile page.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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