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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (77619)	1/5/2016 9:38:59 PM
From: Qualified Opinion	4 Recommendations Recommended By GoodGord GROUND ZERO™ Justinfo rayrohn Read Replies (1) \| Respond to of 218587

To: GROUND ZERO™ who wrote (77619)	1/5/2016 11:25:45 PM
From: John Pitera	2 Recommendations Recommended By Hawkmoon rayrohn Read Replies (1) \| Respond to of 218587

Hi Paul.... my take on the big picture in Crude... Crude 20 Year Monthly, 10 year weekly and daily...... looks like the bear market is not over yet. But the weekly chart is showing some constructive and indications that a significant bounce is not that far away.... remember that is the weekly timeframe. The 20 year monthly Chart illustrates the Elliott wave Super Cycle Bull Market the began on Dec 21 1998 at $ 10.65 and topped out at $148 on July 2nd of 2008. The chart illustrates the fairly straight forward A-B-C corrective process that has been in place after the 10 year bull market.... at the end of such a huge Bear Market in Crude it is as tricky to catch the bottom as it is to determine exactly where a parabolic, exponentially rising market will top out. John This Monthly chart has the Elliott wave labeling of the Super Cycle and illustrates the Fibonacci price projections for the bottom .