HoweStreet.com AUDIO INTERVIEW of ROSS CLARK
Snippet from August 18, 2016 Chartworks
Crude Oil – Into Resistance
After a four/five-month rally from a bear market low, the 26% decline into the August 3rd low in crude oil briefly overshot the normal 20% action. However, in the process it generated an appropriate oversold reading in the RSI(9). It also put in its low three days after a ‘TD Sequential 9’ Buy Setup, as seen multiple times in the last two years.
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