@mmm41286: Market Update 9/15 | EPIC Correction About To Begin?!

@Ultrahisham:Oil in wave 1 of larger uptrend Oil is completing the first wave of its larger uptrend. It seems to be completing the final fifth wave of this first wave up and I am expecting this first wave to end just sub $100.  The second wave retreat once this first wave is done should see prices retreat to $80 or slightly under around $75 which will then prep them up for that wave 3 move up beyond $100. The third wave will probably hit the market year end to early next year which will probably coincide with a market swoon. As of now, market is still comfortable with oil prices and inflation but as these prices pick up and pressure the markets, they might realise that a recession might eventually hit with the Feds not able to go off the brakes. So that I believe is the macro picture. In the near

@Ultrahisham:Oil in wave 1 of larger uptrend Oil is completing the first wave of its larger uptrend. It seems to be completing the final fifth wave of this first wave up and I am expecting this first wave to end just sub $100.  The second wave retreat once this first wave is done should see prices retreat to $80 or slightly under around $75 which will then prep them up for that wave 3 move up beyond $100. The third wave will probably hit the market year end to early next year which will probably coincide with a market swoon. As of now, market is still comfortable with oil prices and inflation but as these prices pick up and pressure the markets, they might realise that a recession might eventually hit with the Feds not able to go off the brakes. So that I believe is the macro picture. In the near