Looking to Buy WTI Next Week . . .
But Where ????
Oil was looking very bearish but, has broken important resistance
above $96.50 and now new highs above $97.81
and done so with a rather bullish wave count.
So, I'm looking for a place to go long . . .
Perhaps if we get a 5 wave subdivide in this ii/iii wave
the opportunity will present itself
The alternate comes into play if price moves
below $97.00
(Feb into March is also seasonally very strong for WTI)
{Looks like it started early this year, but, I didn't want to believe
the resistance looked soooooooo good - so I'm trying to listen
to what price/charts are telling me now}
Oil was looking very bearish but, has broken important resistance
above $96.50 and now new highs above $97.81
and done so with a rather bullish wave count.
So, I'm looking for a place to go long . . .
Perhaps if we get a 5 wave subdivide in this ii/iii wave
the opportunity will present itself
The alternate comes into play if price moves
below $97.00
(Feb into March is also seasonally very strong for WTI)
{Looks like it started early this year, but, I didn't want to believe
the resistance looked soooooooo good - so I'm trying to listen
to what price/charts are telling me now}
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