Bull I have mentioned the ~ end of 1st quarter, possible highs in some lows in others.
You mentioned DVN a long time ago. So I started following it.
Present Conclusion; a possible big top in Devon (and energy?) is just ahead of us. Note the word possible. Just ahead = a few more months it seems.
This one imo warrants following, with some patience.
Tweets
Big picture count shown, needs little further explanation. The big question is about the move up from the 2020 low. Is it a 1 of 3 up, or a Big B. I don't know but I will say I favor the Big B option. One reason is that a Big II seems more likely to involve a complex (abc)BC, rather than a simple abc. If this is a Big B, it need not correct back via a Big C down to a new low, but it would correct back a long long ways. And the timely puts would be quite juicy.
Short term picture. The count on this move up is shown as a Big B count. I am not sure it is, the future will
tell that story. But if I had money in this I would surely be aware of the possibility. And the wave in progress appears to be an ED, just starting its last vth up. And if it proceeds on the suggested path, a really good window for a top opens up about end of Feb, or later. We are gonna follow this, see where it goes. Other things to note here is the waves are sub dividing and overlapping, often preceeds a dump, and a prerequisite for an ED.
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