Some more downside left, but getting close to the end of this correction.
Buy on pullback - and sell at the top of Bollinger band as it comes down and starts to curve up.
While the top of this move from Dec may still be some ways off there is a nice analogy from mid 2018 that should provide an opportunity to play both short and long in the coming weeks.
Possible pattern repetition to early 2018? You decide.
Yes, it's my crude idea about crude oil. Don't see nothing but downside after some consolidation near these levels $62-65.
Not saying I expect some huge drop, it just seems like it wants o take that direction south...
Different time frames but similar pattern. Could lead to a start of some downside next week or two.
Congrats to anyone that enjoyed the first short over last week and took profits / longed into today since Friday. Part two of the short should commence here soon.