Daily Bars Prepared by Jamie Saettele, CMT The various degrees of trend in crude are at odds with another thus a larger sideways pattern is probably underway. “The rally from the 2009 low is in 3 waves (which is corrective) and the 2 bull legs of the move are roughly equal.” The decline however...
Daily Bars Prepared by Jamie Saettele, CMT Trade with SpeedTrader for $.39/100 shares. Powerful online trading platform. Free demo and unlimited shares! The various degrees of trend in crude are at odds with another thus a larger sideways pattern is probably underway. “The rally from the 2009 low is in 3 waves (which is...
Weekly Bars Prepared by Jamie Saettele, CMT Keep abreast of the longer term picture in Crude, which is quite clear. The rally from the 2009 low is in 3 waves (which is corrective) and the 2 bull legs of the move are roughly equal. The decline from the ytd high is not impulsive but...
240 Minute Bars Prepared by Jamie Saettele, CMT Crude is probing its high and a move above 99.42 would shift focus to the 100% extension of the rally from 89.61, at 103.36. This level lines up with highs throughout May. The 3 wave structure of the decline from the May high gives scope to...
Daily Bars Prepared by Jamie Saettele, CMT The rally from the low in crude is left in 3 waves, which leaves crude vulnerable. The implications are for weakness below 89.55 (June low) in an extended C wave decline. Exceeding 99.42 would negate the bearish bias. Trend Strength (M,W,D) – 0, 0, 0 Latest Video...
Daily Bars Prepared by Jamie Saettele, CMT The rally from the low in crude is left in 3 waves, which leaves crude vulnerable. The implications are for weakness below 89.55 (June low) in an extended C wave decline. Exceeding 99.42 would negate the bearish bias. Trend Strength (M,W,D) – 0, 0, 0 Latest Video...