Crude Nearing ‘Final Peak’
Feb. ’17 Cycle High Likely…
Weekly Trend = Key.
02/08/17 Weekly Re-Lay:
“Crude Oil, Unleaded Gas & Heating Oil spiked to new intra-year lows and then rebounded, placing
increasing focus & significance on this week’s close. If Crude gives a weekly close below 52.42/CLJ, it would turn its weekly trend down.
As long as Crude does NOT generate a weekly close below 52.42/CLJ, its 3–6 month uptrend would remain intact and could trigger a spike high on Feb. 20–24th.” [See Weekly Re-Lay & INSIIDE Track for latest updates.]
Crude continues to build a projected 1–2 year base, following the precise fulfillment of its 17-Year & 7-Year Cycles – that bottomed in Dec. 2015/Jan. 2016. Watch Sept./Oct. 2017 as CRITICAL cycle in oil markets as well as Middle East!