TradeApe
Short

Oil (Brent) Short Term Analysis

FX:UKOIL   Crude Oil (Brent)
59 1 0
Basically, WTI and brent will move in synch so I'll spare you the "it's gonna be choppy, likely reversal down, etc." stuff...just read the WTI analysis.

My line in the sand is 58.5. Below only shorts, above only longs. Right now the bias is short! Will wait and see what tomorrow brings though.
I guess WTI has to reach 54 and brent eventually 60...
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