We are entering a volatile time.
The deadline for long oil entry points is Aug 28 into first week of Sept as per the models.
The problem is what will happen by then.
Warnings Flashing Sell (same ones flashed buy just two weeks ago).
This was my buy signal two weeks ago and oil rose.
Same thing is now flashing sell.
Same with PM, sell or short. I will short silver on Monday. I was waiting for the USD to turn before confirming.
Markets have started to turn too. There is a possibility of a 10% correction by the end of Sept. Strong possibility.
It's not all bad news, first week of Sept is safer to re-enter or on any push lower. This is not an oil price chart so much as a price velocity chart.
Disclosure: I am/we are long SU, VET, CRLFF, GXOCF, ENB.