SHORT & LONG TRAFDE SETUP FOR USOIL

SHORT & LONG TRAFDE SETUP FOR USOIL

17 January 2020, 12:00
Lalit Matta
0
40
Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 51.05 on 10/3/19 where the 4 hour is turning up. The wave (1) cycle from the 10/3/19 lows has ended at 65.66 where the hourly is turning down. While a bounce fails below there expect another swing lower to correct the cycle from the 10/3/19 lows.  
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