That is an UGLY chart. Ugly because it likely foretells more of the same. Sharp moves that overlap previous highs or lows followed by a reversal.
Pls note the 9 RSI diverging on the 30 min bar chart.
A Discussion of Technical Analysis, Elliott Wave Theory, and Fibonacci Ratio's focusing on Energy Mkt.s Crude, Products, and Natural Gas. Occasional Fundamental Analysis, Energy News and Rumor.
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