Loading ...WTIC Crude Cycle update
Here is an update on my WTIC downtrend forks. I have crude on day 32 of its current Trading Cycle. While the average timing band, low to low, is 36-43 days I would be careful here if I was short based on my chart.
The longer Intermediate Cycle is in week 15 and we normally see an IC Low between weeks 20-25. So, if the normal IC length holds, we go lower and break the blue trend line but perhaps we bounce for a bit. Time will tell.
