Reference Chart – $WTIC (Light Crude Oil – eod)

February 10, 2015 at 2:18 pm Leave a comment

Im intrigue. $20. $200. So i draw.
In order to make my analysis 100% correct, I’ll add a little bulletproof.
Here’s the technical analysis magic.
“Unless $50 holds, oil will drop”… hmmm here’s another one…
“If $50 will hold, oil will rise”…. nah that too darn obvious. Lets complicate things a bit.

will try to look sharp and deadly by saying this … “If demand will not pick up, oil will have difficulty to regain back that $100 price tag thus a a $20-$30 price is not far fetch ” #gigols
obviously im not good at it. thus i refer you guys to this wonderful article.

http://www.bloomberg.com/news/articles/2015-02-06/these-experts-know-exactly-where-oil-prices-are-headed

some drawings..
Daily
wtcidaily02102015

Weekly
wticweekly02102015

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Entry filed under: Phisix's Closet (PSEi). Tags: , .

Reference Charts / Table – PLC CEB parabolic and LC 2011 (parabolic with gaps)

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