Rob.Reynolds

Update USOIL: $61.50 first, then $52

OANDA:WTICOUSD   West Texas Oil
Commodities are typically the last asset to peak during a cycle. We typically interest rates peak first, a couple of months later that followed by equities and a couple of months after equities we see commodities peak. Commodities such as crude oil , are part of the contraction phase in the cycle, the higher the price rises it begins to acts as a tax on consumers and that begins the early recession phase. For that reason, I have marked this rally in crude as a wave A of a bigger corrective pattern.
Crypto Elliott Wave Analysis: http://bit.ly/2mRBqql

Macro Elliott Wave Analysis: https://mercmethod.com/p/macro-trading-service/

Equities [EW and fundamental]:
https://mercmethod.com/p/stock-market/
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out