WTIC Daily…
IF WTIC breaches $42.00; then the next target is the dashed black line; if breached, this opens the possibility to $52.00 which would be another backtest of Plunger’s blue line on his monthly chart…
Krystar, your SCO chart was great–thanks for your contribution…
I went long UCO yesterday buying support…
I have a starter position in UCO at 7.98 from this morning as I believe the 5-6 month Intermediate Cycle low is close if not already in.
https://goldtadise.com/?p=377287
Great Surf, your work really helps…Thanks 🙂
Took a position yesterday also hoping that is at least an interim bottom, looking for a bounce to the 20MA at $43.75
https://likesmoneycycletrading.wordpress.com/
Thanks Randy!
Good luck in your trades
http://oilprice.com/Energy/Oil-Prices/Why-The-Bear-Market-Could-Be-Over-In-A-Flash.html