I am not a fan of this pair as much as I am not a fan of USOIL
, but I am thinking oil
is overdone and as it happens CMF
(26) is bearish
here along with WPR(9) sniffing around the oversold zone. Not a perfect setup, but if the Tenkan turns south for the border, I may ride that train too. Gonna think about testing the Kijun-sen as a pullback seems to be coming. Stay tuned amigos.