Posted by frtaylor on 11th of Feb 2015 at 09:39 am
I think daily - we printed the left side neckline high a couple
days ago or else last week. Time to make the head of the inverse
head and shoulders by making new lows. ?
Zenman..I posted my visual below on Crude Futures under my
comments. My belief is the bounce is the left shoulder (or
part of the left shoulder if it wants to push to the 50 day area)
but still looking for a move down to test lows (make new lows) as
part of the head.
I think daily - we
Crude Oil Futures /CL As a guide looking for /CL to ...
Posted by frtaylor on 11th of Feb 2015 at 09:39 am
I think daily - we printed the left side neckline high a couple days ago or else last week. Time to make the head of the inverse head and shoulders by making new lows. ?
4.87 build in inventory. More
Posted by zenman on 11th of Feb 2015 at 10:30 am
4.87 build in inventory. More than expected. But expected never happens anyway...
Back to trading /CL crude
Posted by zenman on 11th of Feb 2015 at 10:33 am
Back to trading /CL crude oil futures... Close to 61.8 fib as pointed out before. I'll see whether we get a set up or not.
Zenman..I posted my visual below
Posted by steve on 11th of Feb 2015 at 10:36 am
Zenman..I posted my visual below on Crude Futures under my comments. My belief is the bounce is the left shoulder (or part of the left shoulder if it wants to push to the 50 day area) but still looking for a move down to test lows (make new lows) as part of the head.
http://screencast.com/t/mwjvJhgg9
I see. Thanks Steve. That
Posted by zenman on 11th of Feb 2015 at 10:41 am
I see. Thanks Steve. That would create some nice divergence for daily and weekly.