August 28, 2015


  • Crude oil weekly chart shows a bullish candle after 9 bearish candles in a row. Month chart is trying to form a bullish reversal formation which needs a monthly close at the current levels or higher. 4 Hour chart staying above the cloud will lead to more up moves.

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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