Prepared by Jamie Saettele Crude’s 3 wave correction from 6966 may be complete just shy of its 100% extension (8318). There are 5 waves up from 7590, which composes wave c of y. Crude has nearly retraced the entire rally from 7590 and the decline is sharp and impulsive in manner. Any strength should prove [...] [...more]
Prepared by Jamie Saettele Crude’s 3 wave correction from 6966 may be complete just shy of its 100% extension (8318). There are 5 waves up from 7590, which composes wave c of y. Crude has nearly retraced the entire rally from 7590 and the decline is sharp and impulsive in manner. Any strength should prove [...] [...more]
Prepared by Jamie Saettele Crude’s 3 wave correction from 6966 may be complete just shy of its 100% extension (8318). There are 5 waves up from 7590, which composes wave c of y. Crude has nearly retraced the entire rally from 7590 and the decline is sharp and impulsive in manner. 7500 is potential support. [...] [...more]
60 Minute Bars Prepared by Jamie Saettele Crude’s 3 wave correction from 6966 may be complete just shy of its 100% extension (8318). There are 5 waves up from 7590, which would compose wave c of y. Look lower from here. Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Monday evenings), technical [...] [...more]