Analyze This

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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Medium Term Crude Resistance

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December 07, 2020

Just a little resistance in the form of Fib ratio and negative RSI divergence. Rolling 1st month 4 hr. bar click to enlarge

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Guy W Bishop: I have been applying Elliott Wave Theory to energy markets as a broker and as a trader for commercial entities since 1983. This blog is merely my personal musings on various wave structure's and NOT any kind of trading recommendation or suggestion.

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