Ecantoni

Crude vs. 06-2007

Short
Ecantoni Updated   
NYMEX:CL1!   Light Crude Oil Futures
Crude has been following this 2006-07 fractal for quite a while now, partially sustained by the weakness witnessed in the greenback. Chances to see weakness, before renewed straighten, seem to be implied somehow in an atypical head and shoulders to be negated after the next rollover. Then to be monitored further for assessing the exponential move it followed at the dawn of the Great Recession.
Trade active:
1/4 position closed
Trade active:
another 1/4 off
Comment:
1/4 off. last 1/4 left
Trade closed: target reached:
last 1/4 off
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