sebalis884

sebalis884

Looks like we will get that throwback to retest the channels and corresponding level. I will be looking for buys between 0.702-0.705.

sebalis884

We are officially in bull territory for UJ, confirmed with monthly close. Target one is 115, target two 115.9, target 3 is 117. Potential target 4 is 120

sebalis884 Updated 

Oil is showing the classic Wyckoff pattern here... I'm expecting the trend to continue into the lower 50s, and then see a minor pullback to begin the flag process around 51.10-51.30. From there we should see a bullish flag, and once it breaks, I'm expecting it to head to 56.7, with 56 being the minimum. TP 1 for a conservative approach would be 51.10, but my TP...

sebalis884

There was always a need to retest the huge breakout zone on the daily from around election time. I expect price to head down to the 108 area, bounce in the green zone, and then either be rejected at the 110.5 area to bounce one more time from the green, or blow through the 110.5 area and test the 115 level. Longer term, I believe it should finally see the 120...