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Tuesday, October 27, 2015

10.27.2015 USOIL long term count


01.31.2015 USOil short term count

All went as expected  :-)

We may be now in the final stages of wave blue 5 down. Inside of this blue 5 we are either in a prolonged wave red 4 up, or already in wave red 5 down.

Target for the end of wave blue 5 would be ideally around 33.30 to 29.60

After that the question is, if we are down in green ABC, or if the green will develop a full impulse.
If impulse, than targets would lie somewhere between roughly 8 and 15. We try to find the answer later by looking at sentiment data and COT positioning when the time has arrived.


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