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Crude oil

Just a quick update on Crude as the computer has gone down due to heavy storms , price has ran up fast recently breaking out above most swing highs, except 7 March . The recent sideway action coming off the 11th April low has been a bit tricky to forecast although I have a few dates to watch - 7 June - 16 June which could be low then 22 June for Top then 13 July for Low. As the recent market has been confined to a narrow range leading out of the 11 th April low we have made higher bottoms off that point so as we approach the target dates watch price closely and then we can determine if we are setting up for Top or bottom into that date

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SP500 July 1st - 8th Top

Just making a quick note - more calculations and research is required to try and narrow the timeframe down but be careful around this one week time window especially if you are already long and we hav

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If this is a low the high will be insane.

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Martin
Martin
Jun 08, 2022
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Or ir could mean this low won't be confirmed and it will take a different trajectory with different lows and peaks.

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