A market sniper SBM reader special – decision time is coming for a big move in WTI Oil
Let’s take a quick technical Look at Nymex WTI Oil, since the pre-Lehman Highs. In particular, the Fibonacci Retracement from peak at $147.52 to $33.22 post the crisis. Points of Interest: 1. Our current continuation pattern with 3 lower highs and higher lows pivots around the 50% Fibonacci level, which was also the point of…