InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.45
(
0.51%
)
Bitcoin
62,429.55
(
-1.15%
)
Post# of 51804
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

techcharter

Send PM Follow Ignore
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

techcharter

Re: None

Monday, 04/25/2011 6:57:36 PM

Monday, April 25, 2011 6:57:36 PM

Post# of 51804
WTIC Oil E-waves

Since the February 2011 lows, the price looks to be tracing out an ending diagonal. The move off last week's lows is wave 5 of the ending diagonal. I think one little pullback and a test of new highs need to occur before the bear market rally WAVE B top is in. Target time is 2 weeks.

The RSI and MACD are making lower highs despite price making higher highs, 2 bearish divergences.


http://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=0&mn=6&dy=0&id=p11221282462
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up