“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday 21 May 2013

WTIC CRUDE

Looks like our crude forecast is on schedule.  A triangular pattern is forming typical of a B wave pattern and usually occurs in 4th waves as well.  This is definitely not a 4th wave so it can only be one thing.  Prices should continue lower over time.  Watch the energy sector and gasoline when this breaks down.

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