ΣL Oil Composite - 14th August 2023 | @ 80 Days
Last trade: - 16.57% | 'C' class signal detected in Sigma-L Oil Composite (WTI Crude Oil, Brent Crude Oil). Average wavelength of 80 days over 12 iterations since January 2021. Currently troughing.
Trade Update
See also: Live ΣL Portfolio & History
Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous post for this instrument, linked below.
Type: Sell - ΣL Oil Composite 3rd July 2023
Entry: 3rd July, 2023
Exit: 14th August, 2023
For a composite analysis, each constituent’s respective gain over the period is displayed, in descending order. The average of the constituent gain is also shown.
Constituent Gain:
Brent Crude Oil (-15.31%)
WTI Crude Oil (-17.83%)
Composite Average Gain:
- 16.57%
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