3 days left for monthly candle close Short

Crude Oil (WTI)FXCM

Description

⋅ Mar 27, 2018 11:21 AM

The monthly sma-200 has been a multi-year resistance/support and the beginning/end of multi-year huge macro-cycles. Not breaking it this time (already third attempt) is ultra-bearish and breaking it ultra-bullish.

Comments

swamp_alligator

⋅ Mar 27, 2018 4:50 PM

They say 700K net long positions long positions, but I think more. Do they crash because it goes down or does it go down because they crash?

swamp_alligator

⋅ Mar 27, 2018 4:23 PM

Tempted to touch - Daddy Yankee Ft. Rupee

swamp_alligator

⋅ Mar 27, 2018 4:07 PM

We may consider the fact that even an infinite amount of usd is not enough for breaking it.

swamp_alligator

⋅ Mar 27, 2018 3:43 PM

I saw it in a post-EIA 5min chart