The ultra Tactical did not work yesterday; lost 12bp.
It seems it is rolling down again, there is an important Support at 44.5 around.
Note that down to 44, WTI achieved 13 waves. 17 is possible but much less likely.
A double bottom is my base scenario for now.
Note that the other target bottom was 49 around and now became resistance in daily.
Once WTI closes above 49 in daily we may see 53/57.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.