Capturing the Upside Reversal In Crude Oil


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!!