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CRUDE OIL: my projection for the next few weeks
CRUDE OIL:
My long term projection (see previous post on Crude this past weekend) is that we are in have been in a sideways triangle ever since the collapse during the financial crisis. My wave analysis is that we're working on the (c) wave, which will likely top in the next year or so.
In the short-term, I believe we should be completing the B wave of this move in the next few weeks after crude falls sharply in the next few weeks in an impulsive move.
Comments appreciate.
My long term projection (see previous post on Crude this past weekend) is that we are in have been in a sideways triangle ever since the collapse during the financial crisis. My wave analysis is that we're working on the (c) wave, which will likely top in the next year or so.
In the short-term, I believe we should be completing the B wave of this move in the next few weeks after crude falls sharply in the next few weeks in an impulsive move.
Comments appreciate.
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