On Spreads
After hitting a couple of home runs on the WTI/ Brent, it's probably time to re assess.
The posts on WTI / Brent, if read properly (or written properly) should have indicated 2 great moves -26.50 to -16.50 and -19.60 to -11/-10.
Brent vs WTI
WTI / Brent
WTI / Brent Update
I do not believe spreads lend themselves, under normal conditions, to technical analysis and Elliott Wave in particular, unless there is a condition of extremes.
Those with deep physical trading insight have a huge edge on spreads....
so while there may be whole lot more in the WTI/ Brent ....I'm out.
The posts on WTI / Brent, if read properly (or written properly) should have indicated 2 great moves -26.50 to -16.50 and -19.60 to -11/-10.
Brent vs WTI
WTI / Brent
WTI / Brent Update
I do not believe spreads lend themselves, under normal conditions, to technical analysis and Elliott Wave in particular, unless there is a condition of extremes.
Those with deep physical trading insight have a huge edge on spreads....
so while there may be whole lot more in the WTI/ Brent ....I'm out.
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