Kumowizard

WTI - Still neutral. Gathering strength for....

FX:USOIL   Crude Oil (WTI)
158 4 2
... for what?
I have the feeling that this quiet before the storm can finally break out in a bullish move, and then we will have a new range for Oil             between 61-74.

Weekly:
- Ichimoku setup is turning neutral, with a weak bullish Tenkan/Kijun cross. Chikou hits past candles. Price reached major bearish trendline .
- The bullish momentum slow down started 5 weeks ago, and by now we finish the 4th week with complete undecision and hesitation. Price has been trading in a very tight range. However haDelta/SMA3 is still bullish biased!

Daily:
- Range consolidation slightly above the Kumo, Price swinging around Tenkan and Kijun. Excellent example which Shows that