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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (83027)12/4/2023 9:52:33 AM
From: Qone04 Recommendations

Recommended By
ajtj99
skier31
Sun Tzu
tntpal

  Read Replies (4) | Respond to of 96742
 
GC is at the type 2 level of 2 day bearish shark pattern that completed 7 months ago. If this is it's top it didn't reach the HOP or a higher high in the 2/24 contract. Which would be a forming butterfly, that would target 1630.

CL has a bullish crab at 64.58 on the daily.

NG if I'm reading the daily future contracts right, it won't have a decent run until the May / June time frame.

Lets see if these charts break SI <G>




To: Sun Tzu who wrote (83027)12/4/2023 10:30:21 AM
From: towerdog  Read Replies (1) | Respond to of 96742
 
Have you ruled out the risk of an oil embargo?



To: Sun Tzu who wrote (83027)12/4/2023 6:53:41 PM
From: ajtj99  Read Replies (1) | Respond to of 96742
 
Saudis can't afford to flood the market. Their budget break even is about $85/bbl. They'll have to kidnap and shake down a bunch more sheiks in the Four Seasons Riyadh if they try to kill shale again by dumping oil.


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