THE END IS NEAR. WTI should build a bottom. Oil Rally in 2016?

NYMEX:CL1!   Light Crude Oil Futures
After being strong short on oil             since August 2014 (see the green arrow... YES, no kidding...), I am expecting the WTI to rock bottom right at or little under 30 $. Two more lows and then there should be a bottom formation, preferably an ending diagonale triangle. Alternative: If not, under 10 $ is on the table (but that I do not see).

So I am changing oil             from strongest short to neutral. Not long until a signal developed. But changes are good, that THE END IS NEAR.

The painting in the charts are old, mostly over a year old. Only the last green ones are new. Feb. 2016 was a time target from beginning of 2015. Now I would think maybe three more month to go.

Keep you posted. Happy hunting.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out