Oil is running the same playbook it did, the last parabolic riseWTI CRUDE OILTVC:USOILStrangely-accurateOn July 8th I suggested the local bottom was done and a bounce to T2 was expected. Oil has pumped 31% since then (in 2 weeks). Oil is running the same playbook that it did in the last parabolic rise. At a glance the cycle patterns may look different, but if you see the market like I do, they are (predictably) the same. This is how I was able to call the top (to the day) and the bottom T1 range, and the recent bounce (and timing). It's not about I told you so, it's about documenting success and proving that TA works. Where do you think oil will go next? Receipts for those that are interested. -------------------------------------- April 29th cycle top call: July 8th local bottom call: