DeltaZeroFinance

WTI Crude oil front expiration - Last update

NYMEX:CL1!   Light Crude Oil Futures
Overview:
Awaiting the FOMC minutes and
API crude oil stocks

Strategy:
Our current position's Delta: +0.10
(rebalanced at $77.18
from -0.73). Follow the market.

Technical signals:
Stochastic crossed the signal but still in negative
territory, RSI in neutral area.

Trends analysis:
primary(purple): corrective structure wave A
intermediate(green): corrective structure wave B
minor(yellow): corrective structure wave A

Bullish targets:
first@ $78.80/$79.00
second@ $79.70/$80.00

Mandatory rebalance level
/Stop loss: as we are neutral is not set

Bearish targets:
first@ $76.80
second@ $75.80/$75.60

Delta Zero team.
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