click to enlarge
In general this kind of choppy action is to be expected with this structure down. Would not be surprised to see it last through the shoulder period accompanied by a decrease in volatility as it makes it's way toward 4.00 / 3.50.
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.
No comments:
Post a Comment