Long term: rise but not bullish
On a monthly basis, a PEI is in progress with our moving averages.
Idea: towards UM or above
Bet: bullish with an oversold status for our stochastic.
R= UM (132.48); S= MM (102.95)
Medium term: rise
On a weekly basis, the status for our stochastic is a PEI.
Idea: rise as long as our MACD is not overbought
Bet: WTI is more bullish.
R = UM (132.48); S = MW (112.09)
Short term: parallel in progress
On a daily basis; a type II occurred.
Idea: use bullish parallel rules
R = UD (125.82); S= PD (121.33), MD (118.11).