Just a mother. Simple. Ordinary. Born in July. I'm not a professional trader. Charts and comments are my own opinions, not trading advice.
Hanoi, Vietnam
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I feel good today so am throwing this midterm outlook here.
Many people will not like it whether they are bulls or bears; I know, since I see bulls calling for 150 or 200 oil and bears calling for 70 and lower oil before this year end 😆 but as I said from weeks ago: that idea sounds unrealistic to me. I still think oil would go rangebound in this wide range for few months.
#oil
#WTI
#oott
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A little sweetness never hurts.
I’m seeing a TCM practitioner today, will be back later.
Stay safe & have a good trading day guys ☀️
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Who doesn’t know that the market is manipulated? Trump and his associates have even openly talked about it. So what’s the point of complaining about it every single day? It gets you nowhere. Maybe you should just focus on sharpening your trading skills & strengthening your mental instead.
💭
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I think I deserve a compliment 😂
Prices retraced as expected, although I think this pullback might be much shallower than expected.
We’ll see :)
#oil
#WTI #oott
I feel good today so am throwing this midterm outlook here.
Many people will not like it whether they are bulls or bears; I know, since I see bulls calling for 150 or 200 oil and bears calling for 70 and lower oil before this year end 😆 but as I said from weeks ago: that idea sounds unrealistic to me. I still think oil would go rangebound in this wide range for few months.
#oil
#WTI
#oott
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#Oil doing great
& I feel great
Today is Vietnam Women’s Day. I’m gonna go out with family.
Have a great day you all 🫶🏻
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for $oil the left is the more conservative way to count it...theres a few alternatives but due to constant overlap its hard to say yet as it needs to expand the pattern
I'm being cautious still of the WXY. Brent did break the high so its most likely that Crude will 'eventually'
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Viv retweeted
for $oil the left is the more conservative way to count it...theres a few alternatives but due to constant overlap its hard to say yet as it needs to expand the pattern
I'm being cautious still of the WXY. Brent did break the high so its most likely that Crude will 'eventually'
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#DXY
I’m with him on this.
Yesterday likely marked a DCL in the USD index. I expect another Right Translated Cycle, therefore more concerted weakness should be expected in Precious Metals.
The Weekly Cycle should top somewhere loosely around late December, coincidentally my expected ICL window for Gold.
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I like #oil chart.
We’ve been seeing whipsaw movements since October 6. Normally I don’t like this kind of PA, but this time indicators hinting this is likely a coiling phase before next move up.
Of course there might be a pause for pulling back or consolidation but the main trend is UP.
Oil remain bullish.
#oott #WTI
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The best thing about being a swing trader is that once you’ve perfectly caught the bottom or the top, your workload drops significantly. Short-term intraday price movements become nothing more than a show to watch—sometimes entertaining, sometimes not quite so. :)
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WTI: Oil Didn’t Get the Memo
Up nearly 30% since our August call, crude keeps climbing despite political pressure, soothing headlines, and a market that was supposed to calm down.
Back on August 6, when WTI was still hanging around the upper-$70s and the mood around oil was anything but enthusiastic, our roadmap pointed the other way. The first meaningful targets sat much higher, and the larger path suggested that $100 was not some fantasy number.
Fast-forward to today: WTI is hovering around $100, roughly 27–30% above the August call. Apparently, oil did not get the memo that it was supposed to behave.
That makes the timing particularly entertaining. Washington has been actively trying to ease energy costs ahead of the midterms, including measures aimed at increasing available supply and reducing pressure on fuel prices. Yet crude has continued climbing above $100 despite those efforts. Meanwhile, the financial-media narrative has repeatedly found perfectly reasonable explanations for why oil should calm down. Oil, being oil, appears to have developed selective hearing...
Continue reading on our free substack (link in profile).
+charts.
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$USOIL is continuing to push higher as we outlined in September.
A few more weeks until Intermediate-Cycle-High (ICH) ~ Nov 9th or a week earlier.
Thank you for continuing to follow along on our cycle journey!
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Viv retweeted
IN 19 YEARS THIS HAS NEVER HAPPENED TO OIL MARKETS
1. On Friday, Dated Brent (the price of a real cargo) was assessed at $116.58. Down $9.39 on the day.
2.The usual commentators called it April all over again. Physical scarcity gone, bears vindicated.
3. On the very same day, December Brent futures settled at $109.86. Up $3.94.
4.Physical down $9, paper up $4, in one session. The $20 gap between them closed to $7.
5. I went through every trading day since July 2007. 4,737 sessions. It has never happened at any meaningful size.
6. In April, physical fell to meet paper. That is what relief looks like. This time paper rose to meet physical. That is something else.
SO WHAT HAPPENED? ...
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