Inside technicals and chart patterns by 
The new, low crude oil levels seem to be flying under the radar amidst the problems on Wall Street and the congressional hearings.
It certainly isn’t hurting the U.S. Dollar…
This dollar strength is killing the fiber…
and as much as I wanted to step in and catch a falling knife on the weekly chart…
It just wasn’t meant to be.
I was really hoping to see a break to the upside when the market cycle went sideways on the 240 minute chart. I got whipsawed for a quick stop out o the 30th of October and didn’t get another set up as the fiber just didn’t give me the signal to act.
- Raghee