ppp7
Short

Anticipating a Sell-off in USOIL

FX:USOIL   CFDs on Crude Oil (WTI)
Ever since the start of the year we have seen a bounce back higher for oil             ever since the massive drop late last year.

That consolidation and the pullback higher can be seen green line being cracked finally in the last couple of days. Because of this and along with all the things going on with the EURO             right now, I am anticipating a further push down to a potential target of 49.00 along w the CS             Levels supporting it beneath.
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