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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,737.99
(
-0.97%
)
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techcharter

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techcharter

Re: None

Monday, 03/30/2009 11:50:18 PM

Monday, March 30, 2009 11:50:18 PM

Post# of 51808
Oil - Gusher to Flusher

The sharp selloff in Oil has convincingly broken the lower trend channel. The e-waves look complete as far as an ABC corrective rally off the Dec '08 lows. Wave B was a textbook triangle pattern. Oil goes much lower (below $25) from here in a larger WAVE C


http://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=0&mn=6&dy=0&id=p83254249100
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