Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Hi Thanks for sharing your videos. I would like to know what is your opinion for next week on crude oil. I feel like I am in a pickle now as I have long positions on crude and I am currently 50% negative. Do you think there will be a pullback until 67 next week? Thanks again.
UnknownUnicorn266486
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Hi @Tara, crude oil is not a straight forward long or short for me! With that said if I zoom all the way in I can see 5 waves down that could suggest a wave 1 of 5 for a bigger degree C has started. If that is the case I would be expecting a pullback into $66 before more downside!
I have no position and so take that for what it is, hope this helps!
Joseph_King
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Hi, thank you for sharing your crude oil views again.
Could you share your count for the move up from 42 to 50? I've been trying to work that our for sometime and still check every now and then. I still believe that 42 to 50 was wave 1, something like this > But there are a few techs on TV that have your theory also.
UnknownUnicorn266486
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Hi @Joseph_King, thanks for the question! To better explain I posted a video to explain everything so far, titled: Explaining my USOIL count in a little more detail