{"id":366464,"date":"2016-04-09T12:43:16","date_gmt":"2016-04-09T16:43:16","guid":{"rendered":"https:\/\/goldtadise.com\/?p=366464"},"modified":"2016-04-09T12:50:01","modified_gmt":"2016-04-09T16:50:01","slug":"wtic-crude-cycle-5","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=366464","title":{"rendered":"WTIC Crude Cycle"},"content":{"rendered":"<p>WTIC Crude is bouncing out of what I believe is a Trading Cycle #1 Low (TC1 Low) which sure looks like a new Intermediate Cycle.  The first chart is a Daily that shows the nearer term price action where it has backtested the breakout from the current one year downtrend.<\/p>\n<p>My second chart is a Weekly showing it still has more work to do to confirm that it has found a Bear Market bottom. Note that the upper Red Line on my second chart has not been tested yet and this is the 4 Year Cycle downtrend line for Crude.  I would not expect this line to be broken on the first test. Perhaps Oil will find a TC2 top here?<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.38.03.png\" rel=\"attachment wp-att-366465\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.38.03-300x229.png\" alt=\"Screenshot 2016-04-09 09.38.03\" width=\"300\" height=\"229\" class=\"alignnone size-medium wp-image-366465\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.38.03-300x229.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.38.03-150x114.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.38.03-800x610.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.38.03.png 1382w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a> <a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.31.36.png\" rel=\"attachment wp-att-366466\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.31.36-300x230.png\" alt=\"Screenshot 2016-04-09 09.31.36\" width=\"300\" height=\"230\" class=\"alignnone size-medium wp-image-366466\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.31.36-300x230.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.31.36-150x115.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.31.36-800x614.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/04\/Screenshot-2016-04-09-09.31.36.png 1376w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WTIC Crude is bouncing out of what I believe is a Trading Cycle #1 Low (TC1 Low) which sure looks like a new Intermediate Cycle. The first chart is a Daily that shows the nearer term price action where it &hellip; <a href=\"https:\/\/goldtadise.com\/?p=366464\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2671,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-366464","post","type-post","status-publish","format-standard","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/366464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2671"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=366464"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/366464\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=366464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=366464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=366464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}