The expiring oil futures contracts fell into negative territory this week due to oversupply and lack of storage.
Looking at longer term charts, I plotted vM's with price targets to the negative territory, but didn't think it would happen.
Not sure where it goes from here, but all patterns lower, including the negative ones have hit, and any vW's higher were nulled.
Looking at longer term charts, I plotted vM's with price targets to the negative territory, but didn't think it would happen.
Not sure where it goes from here, but all patterns lower, including the negative ones have hit, and any vW's higher were nulled.