A.M. Look 11/16/18

Oil...will need over 58 to turn up on the long-term P&F

Spu’s..currently trading 60 points lower on the week will rollover again
on the medium-term Point & Figure below 2710.

Looking at the weekly chart today’s close seems somewhat meaningless.
It could close anywhere.

Nasd/Bonds closed on its 200 DMA and rolled over.

It will be next weeks price action that will be important.

Yra laid out the thesis for a potential Bull move.
Just remember you’re trading politics and tweets from twit heads!


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