ΣL Oil Composite - 17th April 2023 | Snippet

'A' class signal detected in Sigma-L Oil Composite (WTI Crude Oil, Brent Crude Oil). Running at an average wavelength of 78 days over 7 sample iterations since September 2021

Signal Class & Attributes

Defining characteristics of the component detected over the sample period.

Detected Signal Class: A - learn more
Average Wavelength: 78 Days
Completed Iterations: 7

Time Frequency Analysis

Time frequency charts (learn more) below will typically show the cycle of interest against price, the bandpass output alone and the bandwidth of the component in the time frequency heatmap, framed in white. If a second chart is displayed it will usually show highpassed price with the extracted signal overlaid for visual clarity.

Signal Detail & Targets

Here we give more detail on the signal and our expectations for price, given the detected attributes of the component. In most cases the time target to hold a trade for is more important, given we focus on cycles in financial markets. Forthcoming trough and peak ranges are based upon the frequency modulation in the sample.

Phase: Peaking
FM: +- 5 Days
AM: N/A (Composite)
Next Trough Range: May 23rd - June 2nd 2023
Next Peak Range: July 1st - July 11th 2023

Sigma-L Recommendation: Sell
Time Target: ~ 28th May 2023
Price Target: N/A (Composite)

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