Tradeplicity
Long

Another buying opportunity if you are LONG WTI

FX:USOIL   Crude Oil (WTI)
92 0 1
If you believe these low prices are not sustainable. It is great for the consumer but for the big firms, it is not great and lets face it, It is the shareholders and profits who come first and not the consumer. And at these prices, the big boys are hurting. So if that is your few, This 6th touch of the trendline could be your other opportunity to be long or add to your existing view. Also when prices are hurting the big boys. This is when extreme actions are taken and over night you could see OPEC or others make changes which which lead to a big pop.

-nvestUcapital
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