I'm new at using charts so please be careful when using my ideas! What I see is a pattern that is getting tighter and tighter. It is amazing for me to see it happening as I've been told by everyone I've ever talked to that there are "no' patterns and that the stock market can NOT be predicted..... However. This is my attempt to predict the market action of UWTI...
Looks like this thing is about to break! GS tried to destroy it this morning with a $20 new article. That didn't work to take it down. So I think it will break up. I'm a novice so PLEASE keep that in mind!