Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Sunday, 16 June 2013

US Oil

Refer to Cyclic Phasing Analysis No 9. I was really pleased with this trade during the week but banked too early due to focus on other matters. I had been looking for a move up but now that 3rd 25day cycle is bothering me. As the first 2 went short, I expect this 3rd to go long, but won't be chasing this uphill for now. Will wait for the RSi to reset to the blue dashed line (as price is hovering over the 100 day fld tough and likely to fall into it )and see how the shorter term 25day MyWave looks then.
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