Yet again weak corrective move but should go up into the summer
Note
Attacking the 55 wmaNote
Really big fight around 55 wmaNote
WTI held today, which is encouragingNote
Next 1 to 2 weeks critical for a reversal higherNote
Yet again, 55 wmaNote
Quite a spike downNote
This broke down but lets see this week whether can recover aboveNote
So WTI was a fake breakdown and it strongly recovering now. The move up from 44 is a 5 wave one which means that there should be at least one more 5 wave leg after a pullback. So clearly WTI correction was somewhat stronger than thought but recovering now
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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.