CaptainPants

Bullish sentiment spill over from index rally

FX:USOIL   CFDs on Crude Oil (WTI)
Overall I am bearish on oil             due to fundamental supply issues that have not yet worked themselves out. Current correction appears to be bullish sentiment that has been brought on by the recent rally in the market. EIA             inventory will either support current price, or cause a sharp decline back into downward channel . Targeting 43.30s for correction before potential reversal.
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