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Strategies & Market Trends : Point and Figure Charting

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From: Fintas

8/23/2019 2:32:10 PM

1 Recommendation

Recommended By
toccodolce

of 34820

BRENT CRUDE. Here's it's RSI chart. As you can see it's in O's.

However the trend is in X's with a certain box.

However, I expect a lower number as shown in the distribution curve.

However I DO NOT expect any where near a retest of the lows way back.

Soooo 15% down? Perhaps Or just retest the previous last O.

Regardless, just something else to discuss than the usual yik yak.

Fintas OH the RSI is in the15.8x ish OH at some point 21 will be seen again IMO. The question is will 14/13 be hit first or

											13
31.9322																			31.9322
29.9833																			29.9833
28.1533																			28.1533
26.4350																			26.4350
24.8216																			24.8216
23.3067			X																23.3067
21.8842			X	O							8								21.8842
20.5485			5	O	X						4	O			A				20.5485
19.2944	4		A	C	6	O	A		4		2	O			8	O			19.2944
18.1168	1	O	7	1	X	O	X	O	X	O	C	A			5	O	X		18.1168
17.0111	X	O	X	4	X	8	X	O	X	O	X	B			4	B	4	O	17.0111
15.9729		1	X	O	X	9		C		A	X	O			C	O	2	O	15.9729
14.9980		O		O	X					C		O	4		B	O	X	8	14.9980
14.0826				O								C	X	O	9	C	X		14.0826
13.2231												O	2	O	C	O			13.2231
12.4161												1	X	8	A				12.4161
11.6583												O	X	O	X				11.6583
10.9467												O		C	4				10.9467
10.2786														O	3				10.2786
9.6513														1	2				9.6513
9.0623														O	X				9.0623
8.5092														O	X				8.5092
7.9898														O					7.9898
7.5022																			7.5022
7.0443																			7.0443
6.6144																			6.6144
6.2107																			6.2107
5.8316																			5.8316
	06	07	08	09					10		11	14		16	17		19
											12	15			18

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