bigmuzzy46

bigmuzzy46

Alternative view on Oil.

bigmuzzy46

Oil + copper + steel. Copper indicates S&P 500 probably drop down once more.

bigmuzzy46

There is a correlation between S&P 500 & Brent. This information may be helpful.

bigmuzzy46

Continue oil short.

bigmuzzy46

Possible W-X-Y correction is complete. Looking for signal to buy.

bigmuzzy46

Triangle is complete. Looking for sell signal.

bigmuzzy46

There are 2 variants of price motion. What is right? Know it a bit later. For now better to look than to trade, imho.

bigmuzzy46

Possible few years of falling is over. Now we have a good starting impulse. Waiting for correction in 2 and buy.

bigmuzzy46

Long downtrend impulse is over. Wait ending of 5 of C, turning of the trend and buy.

bigmuzzy46

I'm waiting for correction to 55-57$ in B (quick motion), then new high in C (impulse 1-5).

bigmuzzy46

10-15% price up potential.

bigmuzzy46

v1. We are in e of B (triangle). If i'm right, then waiting downtrend in C.

bigmuzzy46

Possible we finished wave A and now start B. Looking for signal to buy.

bigmuzzy46

Now we're making 5 wave in impulse of A. Looking for correction and buy.

bigmuzzy46

v1. Now we're in c of B. Then price should be over 216. v2. We finished B and now in 2 of C. Waiting for clear understanding of situation.