USOIL...
I still expect a pullback from oil but this consolidation has been extended making a breakout more likely! I favour the upside for a spike to liquidation and sell orders can be met (We closed above major support and the majority of retail are shorting the obvious H and Shoulders. I am not entering this...just for reference.
I still expect a pullback from oil but this consolidation has been extended making a breakout more likely! I favour the upside for a spike to liquidation and sell orders can be met (We closed above major support and the majority of retail are shorting the obvious H and Shoulders. I am not entering this...just for reference.