Update: Week In Review/Forecast | #USOil #USO #Oil #Brent
Friends,
USOil has behaved closed to our original forecast, remaining close to the price level of our original predictive analysis without much adverse excursion. And yet, the bearish market reversal confirmation signal has rung clearer and louder, so targets will remain as bearish as they ever were at the onset of the chart inception.
OVERALL:
No change in directional bias: Bearish; Targets are intact and much in force. See our original chart:
- tradingview.com/v/BSOqfDs2/
Just remember:
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient"
- Warren Buffett
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
---------------------------------
Want more forecasts and cool charts. Join us on TradingView.com: 4xForecaster
Want signals? Follow us on Twitter: 4xForecaster
Our Dead-On Hits Archive: bit.ly/16JMnH8
Like Us! on Facebook: 4xQuad.com
See our recent successful forecasts:
1 - #USDollar: on.fb.me/19Pf77y
2 - #AUDUSD: on.fb.me/1kDHbdB
3 - #NGAS: on.fb.me/1aSMYHV
---------------------------------
USOil has behaved closed to our original forecast, remaining close to the price level of our original predictive analysis without much adverse excursion. And yet, the bearish market reversal confirmation signal has rung clearer and louder, so targets will remain as bearish as they ever were at the onset of the chart inception.
OVERALL:
No change in directional bias: Bearish; Targets are intact and much in force. See our original chart:
- tradingview.com/v/BSOqfDs2/
Just remember:
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient"
- Warren Buffett
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
---------------------------------
Want more forecasts and cool charts. Join us on TradingView.com: 4xForecaster
Want signals? Follow us on Twitter: 4xForecaster
Our Dead-On Hits Archive: bit.ly/16JMnH8
Like Us! on Facebook: 4xQuad.com
See our recent successful forecasts:
1 - #USDollar: on.fb.me/19Pf77y
2 - #AUDUSD: on.fb.me/1kDHbdB
3 - #NGAS: on.fb.me/1aSMYHV
---------------------------------
Disclaimer
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.
Disclaimer
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.