LastBattle

Decision time in the trend of oil for the next 5 years....

LastBattle Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Mark your calendar folks, September 19/20 for the FED's FOMC.
Given the volume profile right now, we're in a pretty fair value range. Going up/down $5 within this range will determine its trend for the next few months to years.


I'm having a little bullish bias here, but we'll see the market says soon...
If oil does broke out, watch out folks! We're in for $90 oil again. Likewise if it does not, $26 re-test here we come!
Comment:
Looks like green.... we'll see in another week.
Comment:
Broke out. First target $73
Comment:

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