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MikeMM

VERY interesting spot to come test as support.

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
MikeMM Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Chart Patterns Technical Indicators Wave Analysis
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chartpattern indicator waveanalysis
If we look on the daily it is currently forming a doji.

Will update when the day ends. Do not want to go below the support line here obviously.

If this is the bottom, then welcome to wave 3.
Comment:
Heres the daily doji, so far.

Bullish Divergence on the MACD

snapshot
Comment:
Wave 3 ends around 250, wave 5 ends around 500, if anything like prior cycles.
Comment:
Gasoline futures completed a shark and is having a type 2 return at.... the 200 week moving average... annnnndd... another support like oil's..

Inttterestttingggg stuff guys.

snapshot
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