USOIL easy an abc, 123

NYMEX:CL1!   Light Crude Oil Futures
329 4 7
Note the ABC patterns previous dip, last rise, and this dip, both in price and RSI . The oil             traders are huge short, this last spike was s cover, and no way Saudis cut production and let Iran win that fight, because now that Iran is finally once again nearing supply capacity output, they will not cut back. All a ploy. We go lower after this spike.

Hello, excuse my disbelief, but how true will this technical analysis. I ask because I see that the oil most often does not follow rules. What do you think ? Does anyone have a kristal ball to see the future?
@claydoctor, so you see us headed southbound once the market opens on Sunday or is there still room to go slightly higher?
Nice chart man, thumbs up!
Everyone already knows the saudi jawboning is fake. but shorts got squeezed anyway. Why not a continued squeeze?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out