goodguy
Long

Is Crude Oil getting ready for a correction?

FX:USOIL   Crude Oil (WTI)
162 1 2
I think it is likely. Since my last posting (link below) oil             has risen from 43.69 to 49.68. It is close to my current target and has developed a bearish divergence in the RSI . Volume has gone up most of this time period but is now startiing to fall. Personally I will be taken profits soon esp             if the target is hit or the shorter term dashed uptrend line is broken. Take care. Good trading to you.
goodguy PRO
8 months ago
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