{"id":378013,"date":"2016-08-11T11:14:36","date_gmt":"2016-08-11T15:14:36","guid":{"rendered":"https:\/\/goldtadise.com\/?p=378013"},"modified":"2016-08-11T11:44:15","modified_gmt":"2016-08-11T15:44:15","slug":"wtic-crude-and-uco","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=378013","title":{"rendered":"WTIC Crude and UCO"},"content":{"rendered":"<p>I posted a few days back that I felt the WTIC Oil Intermediate Cycle was bottoming (see link, it actually bottomed at the 50% Fib retrace).  I then went long UCO (in comments section of someone&#8217;s Oil Post) when UCO broke my down trend line.<\/p>\n<p>If Price drops below my Green Trading Cycle uptrend in my second chart, I will likely just take profits on my positions.  \ud83d\ude09<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"IxOyNYAIoL\"><p><a href=\"https:\/\/goldtadise.com\/?p=377287\">WTIC Oil Intermediate Cycle<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;WTIC Oil Intermediate Cycle&#8221; &#8212; Goldtent TA Paradise\" src=\"https:\/\/goldtadise.com\/?p=377287&#038;embed=true#?secret=CqgpwbNFKK#?secret=IxOyNYAIoL\" data-secret=\"IxOyNYAIoL\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>First UCO chart is from August 4th but I never got around to posting.  Second chart is an update from today<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-04-15.15.20.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-04-15.15.20-300x231.png\" alt=\"Screenshot 2016-08-04 15.15.20\" width=\"300\" height=\"231\" class=\"alignnone size-medium wp-image-378015\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-04-15.15.20-300x231.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-04-15.15.20-150x116.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-04-15.15.20-800x617.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-04-15.15.20.png 1382w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a> <a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.03.33.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.03.33-300x228.png\" alt=\"Screenshot 2016-08-11 08.03.33\" width=\"300\" height=\"228\" class=\"alignnone size-medium wp-image-378014\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.03.33-300x228.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.03.33-150x114.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.03.33-800x608.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.03.33.png 1394w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a> <\/p>\n<p><strong>Added<\/strong>: 2 Callon Petroleum charts.  CPE is my favorite domestic producer.  I also bought 2 positions in CPE near the recent IC Low when I was buying UCO.  I just took profits on CPE, however, as my 2nd long term chart shows it is running into overhead resistance (also above the daily and weekly BBands).  I plan to buy back near my green TC Uptrend in my 1st chart but will also buy the breakout as well.<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.34.48.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.34.48-300x229.png\" alt=\"Screenshot 2016-08-11 08.34.48\" width=\"300\" height=\"229\" class=\"alignnone size-medium wp-image-378020\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.34.48-300x229.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.34.48-150x115.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.34.48-800x611.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.34.48.png 1392w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a> <a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.38.59.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.38.59-300x230.png\" alt=\"Screenshot 2016-08-11 08.38.59\" width=\"300\" height=\"230\" class=\"alignnone size-medium wp-image-378021\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.38.59-300x230.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.38.59-150x115.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.38.59-800x613.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/08\/Screenshot-2016-08-11-08.38.59.png 1388w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I posted a few days back that I felt the WTIC Oil Intermediate Cycle was bottoming (see link, it actually bottomed at the 50% Fib retrace). I then went long UCO (in comments section of someone&#8217;s Oil Post) when UCO &hellip; <a href=\"https:\/\/goldtadise.com\/?p=378013\">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-378013","post","type-post","status-publish","format-standard","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/378013","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=378013"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/378013\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=378013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=378013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=378013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}