I tried to keep you out of trouble on this man. Get back on that Horse, you still very good, just to short a time frame on this one.
Cruddest
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@ktbaldwin21, hi bro , thank you for your comment , i thought that we have finish abc up but it looks like this is wave C still to more bullish runs to short it down
ktbaldwin21
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See what I was saying brother. The strength is in the RSI on 4 HR and Daily chart. Broken Downtrend, retest then push higher. I think you are using to short a time frame on that wave count maybe. I know you have been dead on on NG and mostly on CL, so when you posted this, I was really concerned, as I was long CL $49 calls. Closed today, but I still think it could go higher. Contract Expiry next week, Options expire Friday.
ktbaldwin21
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What you think now? Still same?
Off shore rallying hard today, do they see something? Upside maybe?
Look at 4 HR chart, Friday sell off irrational. New low today bought up, big reversal on 4 HR bar, $48, week ago was breakout level, now trying to form support at $48
ktbaldwin21
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I think it's going to make an inverse head and shoulders on the 4 HR go back to $49 and break higher from there