Brent Crude : Long -- Target -- 55 - 58 !!
Updated
From the start of 2017, Dollar and Crude both are in sync !!
Well the final crude rally is somewhat now restricted to upper base of $ 58 ..
Our thought was it might reach $ 70 but the way this final Wave C is moving it might just make a double top around $ 58.
Longer Term View : Brent Crude to go below last low of $ 30's maybe somewhat around $ 20 !!
Shorter Term View : Possible Upside to $ 55 - 58 in coming next 2 months max.
SPX500 : As goes Crude there goes SPX500 -- The bull rally is expected to continue by the year end and then it might follow Crude by Q1 of 2018 !!
Well the final crude rally is somewhat now restricted to upper base of $ 58 ..
Our thought was it might reach $ 70 but the way this final Wave C is moving it might just make a double top around $ 58.
Longer Term View : Brent Crude to go below last low of $ 30's maybe somewhat around $ 20 !!
Shorter Term View : Possible Upside to $ 55 - 58 in coming next 2 months max.
SPX500 : As goes Crude there goes SPX500 -- The bull rally is expected to continue by the year end and then it might follow Crude by Q1 of 2018 !!
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