Baytex Energy Corp T.BTE

WTI 4h Chart Falling Wedge Nov 7th - today @cobalt thoughts?

[Snowballer]

Measured moves:
-$88 if it breaks up
-$75-$77 if it breaks down

See if this plays out.

[Snowballer]

10d, 1h & 4h RSI 32/34

[Cobalt]

My thoughts , 2.5% lower we put in a lower low after we just put in a lower high, watching for a trend change here. Also looks like the markets may be rolling over thoughts on shorting them?

[Snowballer]

Short would have been Nov. 15th on S&P and Nasdaq... some room left I imagine but I'd be in and out with a leveraged inverse ETF. Once the Daily MACD Rolls have at er I think.  Vix is starting to rip, 10 yr. and USD I think will/are starting to reverse... bad for indexes. I'd say odds are good for a short. Wonder if this will send $$ back to energy or if all risk assets including

[Hightowntrader]

Yay- It's Groundhog day! Now we can get bombarded with posts all day... "I just bought under 7" "But I bought at 42 cents"

[Snowballer]

haha that's funny cause it's true!  I guess you have the power to turn it all off tho  :p