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TAjames

Oil below MA's and next support at 53 dollar mark.

CFDs on WTI Crude Oil (TVC:USOIL)  
TAjames  
TVC:USOIL   CFDs on WTI Crude Oil
Support and Resistance Trend Lines
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supportandresistance trendline
Oil has been weak over the last couple of weeks, definetly on watch for next month, but needs to consolidate for several weeks between $50--$65.
No positions for me at the moment, but will buy oil stocks next month.

Related Ideas

TAjames
Daily crude chart looks set for consolidation.
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