Viking83
Short

US Oil: ChopChop

TVC:USOIL   CFDs on WTI Crude Oil
Choppy for years to come is what I see.
Comment: Dont take the big chart too literally here, I have not done shorter term-analysis. The thing is.. The structure is very alike this, which makes a chop-move very likely in the years to come.

This is to be traded on shorter-term basis with defined supports/resistances in cycles. I have not done closer waves study to say that the TOP of this chopness is in yet. But do not expect the moon in this. For the next five years, we will not see a monthly close above 85.
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