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SVTPremium
Aug 4, 2019 2:42 PM

/CL 1D TW 

Crude Oil FuturesNYMEX

Description

Oil is a confirmed sell on harmonics and this indicator system signals a further 3-5 trading days of dive until the first bull node. SSTIS is a short-term sell with a slight longer-term buy and with a bear surge. It means the pop-up last Friday was a week-end cover only and next week we can expect a further dive. 2D Mvchart is a short-term buy with a long-term sell with a fake bull setup. Position of oil is at V-MA. SVT is in a short position versus oil and holding the short seems in line with the main trend. 
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