Thursday, 11 June 2009
Nymex-- Week 23 Moo River Watch (7th Jun to 13th June 09)
Daily Nymex Crude (July) Bun (10-Jun-09)
Renko Study
Quarterly: what a bounce and there has been no pullback there, definitely a V shaped rally so far;
Monthly: ditto;
Weekly: it has some sort of rounded bottom shape there and it bounced up once it penetrated the neckline there near 5520.
Daily: I think we are the most lethal impulse Wave 3 at the moment, and there is no stopping signs yet;
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