Still not time for long oil

TVC:USOIL   CFDs on WTI Crude Oil
55 3 0
Free fall till support - 46,50-46,50 or even to support line at 46. xx            

I wouldn't short now. Who is not on train now it is too risky.

First support reached
support reaached see comment

Long term support still holding but I have the feeling if EIA confirms API free fall to 43 range can begin.

I might open DWTI position with SL app. 46,50 - but after initial spikes. It could be "spiky" EIA today, algos could go nuts
Comment: 43 coming

Second support reached. If the API and EIA are bad support could be broken and free fall to 43,xx opened
Oil could be going back to test $40 within next 14 days.
kizly veryevilone
I beleive it will not go below 43, but with OPEC you never know, the hedges have been made...
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out