OIL ... Context

NYMEX:CL1!120

Crude Oil FuturesNYMEX

Description

⋅ Nov 28, 2017 4:46 PM

Description in chart ...

Comment

⋅ Nov 29, 2017 7:32 PM

The price has been unable to hold Higher lows and Higher highs so the idea is no longer valid

Comments

tbuckle

⋅ Dec 2, 2017 11:19 PM

well after hitting 58.88 what comes next??

JaimePantoja

⋅ Dec 3, 2017 3:45 PM

@tbuckle,

JaimePantoja

⋅ Dec 3, 2017 3:47 PM

It depends on how the price action continues, for the moment the last part is towards the upside, so is possible that the price test the LSH around the 59 ... if that level is broken we can see further upward movement