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Re: GuTA post# 5025

Friday, 09/02/2016 10:13:25 AM

Friday, September 02, 2016 10:13:25 AM

Post# of 6438
What makes oil hard to trade
Chart was posted in previous post

It trades on inventory news and it sometimes does not finish the wave pattern. Most stocks and spx almost always adhere to simplistic
EW.
In a long pattern you get a daily fake 4 to get traders short
too early. Then a final push up. OIL did not do that this time.
this time.
The last 2 long oil rallies had 4's.

The FEB 4 low had a 4 also. So because oil moves so fast sometimes
you get a phantom wave 4.

USO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124537006

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