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DiscoverGold

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Re: None

Sunday, 03/17/2024 7:16:10 PM

Sunday, March 17, 2024 7:16:10 PM

Post# of 10737
$WTI - Crude oil has reached the upper weekly BB and the 50% retracement of the September-December decline. The 24 week cycle high was due this week, so there's a high probability that it topped at 81.50. I expect a bearish reversal next week.
By: CyclesFan | March 16, 2024

• $WTI - Crude oil has reached the upper weekly BB and the 50% retracement of the September-December decline. The 24 week cycle high was due this week, so there's a high probability that it topped at 81.50. I expect a bearish reversal next week.



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DiscoverGold

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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