RalphStPierre

Whats next for Oil. $40 ? Then $ 29 ?

RalphStPierre Updated   
TVC:USOIL   CFDs on WTI Crude Oil
7
Do not call the crazy house and have me committed " YET " . As crazy as it sounds. If the Wave count stays valid $29 Oil is in the forecast. Barring the bumps in the road. Price spikes extended corrections etc etc When we get there I dont care to speculate. By the end of the year ?. Ok maybe I will. Anyway. Lets focus on the $40 area first. Current analysis suggests its in the near future. The recent BO4 trade idea still presents valid potential.


For further chuckles and laughs we are currently forecasting GOLD to the $1100 area. But Gold bulls stay optimistic the next forecasted POP brings us to the $ 1500 area with the usual bumps and turmoils along the way. :) ( I know what your are asking. Does this dude actually make a living dong this? You would be surprised. I know i am. :) And of course as any Waver will tell you. There is always an alternative count. That there my friends. Is the disclaimer. Enjoy
Trade closed: stop reached:
Trade stopped out on two smaller trades off a smaller time frame. Still looking to take Oil short with a BO4 trade which still has potential to develop.
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