The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Sunday, February 14, 2016
Crude Oil in for a significant reversal? Maybe, the charts are forecasting a BIG Middle Eastern War centered on Syria. That could push up prices.
I don't like predictions like this, but in the face of the massive oversupply of crude, I can't think of any other FUNDAMENTAL reason for a major reversal in Crude Oil prices.
First chart, a trendline contact, the second chart, the 1.000 node reached. That's a clear formula for a reversal. This chart has some temporal authority, as it's sourced all the way back to 12/28/1998.