Crude oil

I got egg on my face. I missed this one, as the oil broke through the daily cloud, and is now at 84.75.
I do not win them all.
what next ? we keep hearing abt crude going above 100 etc.. is that coming, if at all?
 

4xpipcounter

Well-Known Member
Breaking through the bottom of the daily cloud, which I was not expecting kind of threw my bearings off. 86.27, the bottom of the daily cloud is now R. Right now I see a drop down to my WS2 at 82.94, and that will yield a decision point.
There is even a shot at the weekly kijun at 81.94. I think the upside has been put on hold for at least the time being.
At least this is good news for gas prices at the pump.


what next ? we keep hearing abt crude going above 100 etc.. is that coming, if at all?
 

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