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adatherton adatherton PRO USDWTI, 180,
USDWTI: $CL_F pre OPEC meeting Aug 7
63 0 1
USDWTI, 180
$CL_F pre OPEC meeting Aug 7

Are we at pivot, or bull flag?

adatherton adatherton PRO USDWTI, D, Short ,
USDWTI: $CL_F (USDWTI) suggests one more pullback
54 0 2
USDWTI, D Short
$CL_F (USDWTI) suggests one more pullback

Triangle suggests one more pullback, and possibly even to range low of 42.80. But it looks like it will break 52 next year.

adatherton adatherton PRO USDWTI, 60, Long ,
USDWTI: $CL_F ($USDWTI) should reverse at 45.67
121 2 3
USDWTI, 60 Long
$CL_F ($USDWTI) should reverse at 45.67

When I drew the tramlines and fib, they matched. I then noticed the gap between the 61.8% and 50% fibs. If you add in support and assume OPEC will agree cuts next week, then you have five pieces of evidence which point to the same thing.

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