goodguy

Short term f/u on oil. Correction over?

TVC:USOIL   WTI CRUDE OIL
83 2 4
22 days ago
Possible reversal candle today between the .786 and .84 correction levels. We'll see if follow thru tomorrow to break the 2 hour down trend line and have a positive end at the day. If so I will likely go long with my stop a close below the recent low of 42.53. My overall long term view has not changed. There is a bullish divergence on the 2 hour chart and a positive reversal on the daily RSI (if it holds). Take care. Hope this is helpful but follow your own rules. Best to ya.
22 days ago
Comment: Oops. Recent low was 42.18. Insert above.

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