August 9, 2015

  • Weekly chart shows price gliding smoothly above the cloud. Week also shows price in a sideways range. Daily is testing 200 Day SMA. There will be trouble for weekly trend only if price stays below 200 SMA and the weekly range. Till then this up trend in higher time frames will not be challenged.
  • CRUDE Oil trend update


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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore