Lateral band. We've been adding .50-.60. Largest Marijuana Greenhouse
SYM Broadening formation demand line violated
As long as, window upper extreme holds, this maybe an opportunity on a bottom. Be conscious any fluctuation on the IBB will backfill window.
Short rejection continued march demand line
Major inflection point ahead of EIA data . PT labeled
Monthly Shooting Stars. Awaiting this month's candle construction 340S break bearish print.
Structure is ascending channel with potential h&s in formation. H&S formation is potentially seen on a daily timeframe as an evening star. A 14% correction to the 54 neckline is highly likely as the oversupplied crude market needs to be rebalanced. Similar price action to 2009. Once the potential throwback to the neckline expect a breakdown and or a geometrical...
Bullish flagging basing on demand line. Watch momentum oscillators for divergence(s). Overall BARR reversal formation debuted.
Volatility nears. 5% correction or 8% pop
Let the window backfill, then i'm long. Revenue story.
Harmonics Bearish pattern printing. Trow back correction of 10%-15% will be seen unless a curve ball geopolitical event debuts. Then a spring up back into formation of the ascending channel will be seen. Contango continues to widen the base, so we believe a throwback is healthy. API/EIA Tues/Wed next week, along with cease fire in Yemen.
Long Term Play. Retire and Move to France once supply line touch