Capturing the Upside Reversal In Crude Oil
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Timing work can be very helpful when you're trading. It will identify time windows when we should be watching for a possible reversal of whatever the market is doing into these cycles.
We have an example of this in Crude recently where we had a few outright cycles that came due 4/8-12. We also ran the timing histogram which gave us a standout date of 4/11 for a possible low.
The actual low was on 4/11 within 2 ticks of a 1.618 extension of a prior swing. Since then we've seen a rally of $9.72 so far.
Timing cycles won't always kick in, but they are always worth watching for when they do!!
