willowcharts

WTI thru 2016

Long
willowcharts Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
WTI historical patterns support this potential move since this commodity tends to overshoot its highs and lows. The result is a more dramatic return to balance.
Comment:
So far everything remains in tact for this position based on daily charts...I still expect some periods of consolidation on the way up but see no reason to question year end target
Comment:
Still on schedule and on track
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