BLUE43

USOIL - 1H NO DIV FOR NOW WAIT ANOTHER LEG UP

FX:USOIL   Crude Oil (WTI)
476 4 26
...
Comment: any comments ? long ?
we see that it is not enough potential in the oil to break the previous high, which began the rollback, so that I see today rolled back down and go into a flat around 40
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Long.
Reply
Long - hopefully we got a retracement to the trendline. Till Doha Meeting the prices will rise (in my opinion) due to the chance that they will finaly cut production. but i also think its going to be a nervous week when every bit of news regarding the meeting could infect the price dramaticly
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