d.jay.h
Short

USO: Three Key Fibonacci Projections/Extensions

AMEX:USO   UNITED STATES OIL FUND
WTI Crude, and USO by extension, continue to hit and bounce and break through three key sets of Fibonacci projections/extensions. Overall sentiment is bearish . I Included the Fisher Transform , Vortex Indicator, and the Ultimate Oscillator as other relevant predictors of price action             . I believe WTI and Brent are headed much lower, even to a 'one-day-only' $15 print in WTI.
WTI or USO - $15 level? USO - quite possible ... WTI - I'll have some of what you're smoking haha ...
Reply
make sure to press arrow to 'load new bars,' obviously
Reply
For USO, Super, Large, and Minor Fibonacci Projections Below:
100%,76.4%,61.8%,%0%,#8.2%,23.6%,0%
Super 22.71, 17.30 13.95, 11.24, 8.24, 5.19, 0.22
Large 28.95, 25.04, 22.62, 20.67, 18.71, 16.29, 12.38
Minor 22.66, 21.16, 20.22, 19.47, 18.71, 17.78, 16.27

if USO breaks 16.29-16.27, there is no support until 13.95!
Reply
d.jay.h d.jay.h
USO intra-day high of $18.70 confirmed the sound resistance @ $18.71 (see Large and Minor Fibonacci levels below). So excited to see what happens tomorrow. As a trader, when you begin to realize the relevance and repercussion of Fibonacci levels, it reveals the entire profession in a new light entirely.
Reply
d.jay.h d.jay.h
*100%,76.4%,61.8%,50%,38.2%,23.6%,0%
Reply
Dots trailing the price are a Parabolic SAR...just discovered it, very useful.
Reply
#1
#2
#3
Archer: "Danger zone? Anyone?"
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out