Crude Oil CMP 63.70
Elliott - crude oil has taken support at the ivth wave marked in grey at 58.
Fib - after taking support at the confluence at 55 it is now taking support above the higher confluence at 62. This is now indicating strength.
Oscillators - RSI at bull support is indicating trend is up. Divergence in composite is conforming reversal.
Conclusion - Without Elliott life is difficult.
Elliott - crude oil has taken support at the ivth wave marked in grey at 58.
Fib - after taking support at the confluence at 55 it is now taking support above the higher confluence at 62. This is now indicating strength.
Oscillators - RSI at bull support is indicating trend is up. Divergence in composite is conforming reversal.
Conclusion - Without Elliott life is difficult.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.