bhowe
Short

USOIL

FX:USOIL   Crude Oil (WTI)
Looking at the charts for USOIL             , all I can see is a Harmonic patter forming. The Bullish , Bat pattern will typically retrace to 88.6% of the previous XA run up. This would put USOIL             at $37 a barrel. I won't short this, but if it gets to $37 I will go long in energy.
Comment: Harmonic Pattern Bullish BAT
Trade active: With the move higher with volume I think its time to buy OIL.
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