Update: Old Friend Is Coming Home | #Brent #UKOil #USO #WTIC
Friends,
We defined that target-low at 98.93 back in November 12th, and it's still going.
If you followed us from our humble Facebook page, you will recall that we have been charting UKOil for sometimes now. In fact, back in November 12th, 2013, we even projected a bearish target at TG-1 = 98.93. We raised eyebrows and lowered praise levels when we released that abysmal target, especially since it had just reached historical highs.
As with any other forecasts, we stayed the course. In fact, following are a few samples of our communication with Facebook followers, illustrating the evolution of the UKOil char ever since the signal was released:
1 - Price rallies away from target ... We remain bearish:
- www.facebook.com/4xq...osts/540229766063400
2 - We reassure traders that target remains in force and intact:
- www.facebook.com/4xq...osts/558862414200135
As our long-time followers know, we have migrated our charts, analyses and forecasts to TradingView, and we decided to migrate our charts in our new home as well, just like old friends taking care of one another. As the old commercial goes: "It's just a better pizza"
So, besides the snow and days getting longer, we have nothing else to add to this technical conversation, except that we are staying the course.
OVERALL:
UKOil remains bearish, and the target set on November 12th 2013 remains intact and ever so in sight ... As Warren Buffett once said:
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient"
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
---------------------------------------------------------------------------------------------
Where to find us:
- Twitter: @4xForecaster
- TradingView.com: 4xForecaster
- Facebook: www.4xQuad.com
Want to explore our recent successful forecasts?
- A few examples there:
1 - #USDollar: on.fb.me/19Pf77y
2 - #AUDUSD: on.fb.me/1kDHbdB
3 - #NGAS: on.fb.me/1aSMYHV
All Archived here: bit.ly/16JMnH8
---------------------------------
Disclaimer from Bob Loeb Law:
All of our analyses are for educational purpose only. The forecasts, analyses and opinions generated herein are not trading recommendations. Want to trade? Then, do your own due diligence first, seek professional advice from a licensed professional and enter the market at your own perils - 4xQuad, LLC.
We defined that target-low at 98.93 back in November 12th, and it's still going.
If you followed us from our humble Facebook page, you will recall that we have been charting UKOil for sometimes now. In fact, back in November 12th, 2013, we even projected a bearish target at TG-1 = 98.93. We raised eyebrows and lowered praise levels when we released that abysmal target, especially since it had just reached historical highs.
As with any other forecasts, we stayed the course. In fact, following are a few samples of our communication with Facebook followers, illustrating the evolution of the UKOil char ever since the signal was released:
1 - Price rallies away from target ... We remain bearish:
- www.facebook.com/4xq...osts/540229766063400
2 - We reassure traders that target remains in force and intact:
- www.facebook.com/4xq...osts/558862414200135
As our long-time followers know, we have migrated our charts, analyses and forecasts to TradingView, and we decided to migrate our charts in our new home as well, just like old friends taking care of one another. As the old commercial goes: "It's just a better pizza"
So, besides the snow and days getting longer, we have nothing else to add to this technical conversation, except that we are staying the course.
OVERALL:
UKOil remains bearish, and the target set on November 12th 2013 remains intact and ever so in sight ... As Warren Buffett once said:
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient"
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
---------------------------------------------------------------------------------------------
Where to find us:
- Twitter: @4xForecaster
- TradingView.com: 4xForecaster
- Facebook: www.4xQuad.com
Want to explore our recent successful forecasts?
- A few examples there:
1 - #USDollar: on.fb.me/19Pf77y
2 - #AUDUSD: on.fb.me/1kDHbdB
3 - #NGAS: on.fb.me/1aSMYHV
All Archived here: bit.ly/16JMnH8
---------------------------------
Disclaimer from Bob Loeb Law:
All of our analyses are for educational purpose only. The forecasts, analyses and opinions generated herein are not trading recommendations. Want to trade? Then, do your own due diligence first, seek professional advice from a licensed professional and enter the market at your own perils - 4xQuad, LLC.
