Crude Opportunity Part 1

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Previously, heads up about BTCUSD and it was pretty spot-on.

Oddly enough, CRUDE OIL CL1! is next.

For the first part, here we look at the marked time lines, and the effect after these time lines. 5 of the last 6 times, saw a bullish rally. Of these, 4 of the 5 occasions had the Rate of VolDiv (custom indicator) trend changed for an uptick. [ You can use any other indicator to filter these periods too ]

In essence, the current weekly Crude Oil Futures CL1! show a similar set up ready for a spike and rally for Crude Oil. No fundamental reason (yet) but the technicals are projecting a billish scenario based on the technical set up.

Part 2 will look more in-depth and zoom into the recent time frame...

Stay tuned if you are keen...

Penafian

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