LeoYao
Long

Can Try To Long Now

TVC:USOIL   CFDs on WTI Crude Oil
553 4 14
Can Try To Long Now
Comment: few minutes after publish idea, rally to 50.90...
Comment: friday close at 50.96, price rally just few minutes after i enter long and publish this idea..
I still suspected the close price at 51.00 is a deliberately controlled one for weekly chart close or for news. Since in the afternoon yesterday,lots trader leave earlier, and stock market really lack liquidity, same as the commodity market. The bulls tried twice to break the 50.9 in the Friday morning in the US market but failed. It climbed about $0.15 after 4:00 pm. If the price could hold that price in Monday us market open, then it might be more favor to bulls. Otherwise, there might be more downside from the fundamental aspect.
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LeoYao Liuqi1987
whatever,price need to be above 51.5 to make official bull
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what do you mean by 50 90?
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LeoYao GoGreen
u check 1hr chart then u will know.
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