TWT Analysis


Monthly time frame: It has been one of the weakest equity indices during the collapse from last summer top (The trend line from the 2009 low did not hold). The decline could have been much more severe but on February after tagging the 0.382 retracement of the advance from the 2009 low it ended the […]


Monthly time frame: There is a reasonable doubt If the bearish cross of the 10 m ma below the 20 m ma is going to have the same outcome like the 2000 – 2002 and 2007 – 2009 bear markets. Even though the decline from the May 2015 high has unfolded a corrective pattern (3-wave […]


Monthly time frame (Continuous contract) The Falling wedge carved out during 2015 can have completed a Zig Zag form the 2008 top (ABC), however Oil has still a lot of work to accomplish in order to confirm this bullish scenario The next resistance is at R1 = 50.94