Will Wong
Long

USOIL Long term-Alternate Count

FX:USOIL   Crude Oil (WTI)
88 2 2
a year ago
The high in October 2008 is recounted as a subwave 1 instead of 3. That being the case, we are on the threshold of a major bullish subwave 3. That is even more bullish than the other count.
a year ago
Comment:
snapshot
Will Wong
11 months ago
snapshot
Reply
Will Wong
11 months ago
This alternate count seems more likely. The 2000 top of wave (1) is $34.37. The 2009 low is $32.70. The recent low is $34.26. It looks like oil may continue along the descending wedge to match the 2009 low of $32.70 before rebounding.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out