WTI crude oil forecasts and analysis on 13 October 2016


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Quotes of WTI crude oil continue to test the upper limit of Wolfe wave model with a view to fall below $ 41 per barrel. We try aggressive sales with the tight stop. There is also a quality signal in favor of the falling trend line breakdown will perform on the indicator of relative strength.

WTI crude oil forecasts and analysis on 13 October 2016

WTI crude oil forecasts and analysis on 13 October 2016

Cancellation option quotes and falling oil prices will be strong growth above the level of 53 dollars per barrel, which will lead to the cancellation of options to a drop in prices.

WTI crude oil forecasts and analysis on 13 October 2016 suggests an attempt to fall in the rebound from the upper border of the descending wave pattern Wolfe and began to fall to a level below the area of $ 41 per barrel.


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