Oil's Cyclical Behavioral Patterns

It is worth noting that oil changes its major trend direction during the month of June or January. The chart above is an attempt to show this relationship throughout the lifetime of CLZ2018. Also, another important aspect highlighted is the fact that CLZ2018 just tested the major gap area left by the bears in November 2014. Though there are no signs of the major oil trend changing, the higher highs and higher lows structure being still intact, nonetheless there is an increased risk at this point of that happening. Staying tuned for further tells.