Jump to content



Photo

$WTIC


  • Please log in to reply
1 reply to this topic

#1 phloat

phloat

    Member

  • Traders-Talk User
  • 74 posts

Posted 20 June 2007 - 07:46 AM

http://stockcharts.com/h-sc/ui?s=$WTI...&a=82593027

I am long term bearish .. it looks like its short term bullish though.
Keeping an eye out for any tropical storm that may grow or head toward the Gulf area.
anycase i think we bump up against one or more of the red circles in my amateur chart.

I am not at all versed in elliot waves .. maybe more clues there..


anyone else care to share thoughts?

#2 Kimston

Kimston

    Member

  • Traders-Talk User
  • 604 posts

Posted 20 June 2007 - 11:42 AM

http://stockcharts.com/h-sc/ui?s=$WTI...&a=82593027

I am long term bearish .. it looks like its short term bullish though.
Keeping an eye out for any tropical storm that may grow or head toward the Gulf area.
anycase i think we bump up against one or more of the red circles in my amateur chart.

I am not at all versed in elliot waves .. maybe more clues there..


anyone else care to share thoughts?



I already shared my analysis a few weeks ago with 3 charts; 1 fractal and 2 with Ewave count. Went short Aug Crude yesterday at 69.80; Stop 71.50. I'm not moving stop until we get past 7/3/07 as CL may try and retest or make new highs between now and then, but I think it's down hill after that.
Here's the post with analysis:
http://www.traders-t...?...c=70648&hl=

Kimston