2007 makes a bull GARTLEY go long or go home
short term GARTLEY
these trend lines have held for the last year
potential bull GARTLEY under formation - go long at 1150-5
this could be a big bust or ??
second leg if it happens opens a good short at 1223.50 - target 1180
last leg forming now
should the second leg form this is how I will play it
then short SPX to apx 1920
Where ? and when ??
we will probably follow this channel down and then bounce right back
This is a proven price channel going back to 2011 - I would not second guess it
just a wild guess but it could go like last time
Looks like 1880 min through to maybe mid-January
short from 1240 to 1200 minus
Given fib level history we could be near the bottom for WTI price