GWaves
Short

$CHK Bearish Wolfe Wave

NYSE:CHK   CHESAPEAKE ENERGY CORP
Hello Traders,

Similar to my CL1!             and USOIL             charts I posted yesterday. Chesapeake Energy             formed a very similar structure. I would be interested to see how well these 3 charts correlate with one another. The charts I am referring to are found below.

Best,
Chartistry
Comment:
snapshot


snapshot


CHK and USOIL are making similar moves. 5' can also act as a high probability target before we see a decline.
Comment:
snapshot


Here is the chart for USOIL
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