rv

XOI (Oil Index). Potential reaction.

Long
rv  
NYSE:XOI   NYSE ARCA OIL INDEX
5
Symmetrical Triangle brake_out, measured target
may have been reached, in the short term.
'Irregular' Wolfe Waves 5 crosses.
Large ABC wave. 1-4 Line support.
Bullish Hammer rejection on 2012 Uptrend_line,
61.8% retracement, horizontal support (2013).
RSI Oversold. potential AB=CD.

Target_1 : 1542
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