🛢 CRUDE – 17th week of the base cycle (28 weeks), second phase. The extreme forecast on March 27 halted the second phase’s upward movement at the 70 resistance level and reversed the trend. This forecast was specifically highlighted for crude at the beginning of the year. A short position has been opened. The next universal extreme forecast is April 7. The next crude-specific extreme forecast is May 5.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.