Oil is a confirmed buy on harmonics and produced a daily swing-low signal. SSTIS is a confirmed buy with a fake bear setup. 2D MV chart is a confirmed buy with an exhausted MVO bull surge. Latter results some weakness in the black gold.
Harmonics is a confirmed sell with a possible primary bull node within 1-2 trading days. SSTIS is a confirmed sell. 2D MV chart is a short-term buy with a long-term sell signal.
Our forecast is pretty good, I only update that with the highly possible bounce.
Oil is a short-term sell with a long-term buy signal and with a possible bull node within 4-6 trading days. It means that oil will continue its way further down for a week at least.
SSTIS is a confirmed sell, 2D MV chart is a confirmed sell with an initial MVO bull/bear switch. Position of oil is above V-MA, therefore shorting oil should be made on a cautious...
Oil is a short-term sell with a long-term buy signal on harmonics. SSTIS is a confirmed sell with a fake bull signal. 2D MV chart is a short-term sell with a long-term buy signal. Oil will continue to crawl on its way up, however, there is a risk that this period will end with a correction soon (3-5 trading days).
The following are trades setup ideas in 15 mins chart for Crude Oil Futures.
There are 2 distinctive dotted lines labeled as
1. AI's Intraday Resistance
2. AI's Intraday Support
These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short.
If price action closed...
The following are trades setup ideas in 15 mins chart for Crude Oil Futures .
There are 2 distinctive dotted lines labelled as
1. AI's Intraday Resistance line
2. AI's Intraday Support line
If price action was below the AI Intraday support line AND price closed below Pivot Point S1 line, the idea is to short and take profit at Pivot Point S3 price region....
Crude Oil has a seasonal tendency to bottom in December or January. The December 26th Crude Oil bottom (same day as SPX) came at a support zone in the $42 area with a significant RSI Bullish divergence. A clear Elliott wave "A -B - C" corrective pattern also appears complete at the 12/26/18 bottom.
Crude Oil usually has a seasonal rally January to April. ...