WTI Roadmap April 2017

Güncellendi
Yet again weak corrective move but should go up into the summer
Not
Attacking the 55 wma
Not
Really big fight around 55 wma
Not
WTI held today, which is encouraging
Not
Next 1 to 2 weeks critical for a reversal higher
Not
Yet again, 55 wma
Not
Quite a spike down
Not
This broke down but lets see this week whether can recover above
Not
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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