Wednesday, May 6, 2020


We are also tracking the crude WTI oil moves. This morning on our custom technical indicators, there possible scenarios that could take place. Lets first take a look at the overall market weight on fundamentals.

News have been the engine of the market moves, due to current situations worldwide. As we watch for the trend of the market while facing a big struggle into investors confidence, we can then now appreciate a very volatile market, were short moves offer great opportunities on the long side.

Due to that, once we reach price exhaustion, we then move toward the short side. Regardless, both directions offer investing opportunities, so we need to learn on how to watch and play the market.
Soon, after market opening, we should see a move on the crude, so we have to be on the right side in order to take advantage of such moves.

That is the main reason of the custom studies on ROC and averages we plot on the charts. Watch, learn and enjoy. For educational purposes only and not intended as a investment advice of any kind.

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