profprof
Short

USOIL bearish divergence and rally exhaustion

FX:USOIL   Crude Oil (WTI)
172 0 7
After this massive run in oil             we are beginning to see bearish divergence on the 1 and 4 hr             MACD and momentum as well as price action making a double top around 46.76. Can see a pullback to 44             or lower before resuming uptrend or more downwards momentum towards the high 30s if we break support.
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