Month: November 2018
S&P500 Long term Elliott Wave
S&P500 trading in a long term channel and appears to be in the 4th wave in the long term cycle.
Crude Oil Plunges Into Bear Market | WTI Crude Technical Analysis
Crude Oil Plunges Into Bear Market | WTI Crude Technical Analysis
Crude Oil Weekly Chart | Channel & Cycles
WTI nearing its channel support after a sharp 22% fall. Channel support zone lie around USD55-57. The Support area also coincides with 71 week cycle in play. Failure to hold the support zone could result more downside pressure.