TVC:USOIL   WTI CRUDE OIL
156 2 1
2 months ago
Touched 0.618 fib (+200-daily moving average ) and it is very much overextended in bb(20,2) perspective. Economic fundamentals are improving (tough slowly) around the world (especially in the China, look e.g. the pmi). I think that the oil             has overreacted.
Falling dollar (+t.bonds) is telling me truth. Crude will move to the opposite direction (i.e. upwards).
2 months ago
Comment: Weekly BB(20,2) touch could be possible before bouncing.
snapshot
2 months ago
Comment: Non-commercial net position sentiment changing aggressively in dollar... Supports OIL
2 months ago
Comment: https://pbs.twimg.com/media/Cwkcp8QXgAAybA_.jpg:large
2 months ago
Trade closed manually

Related Ideas

makro_mies
Buying stawks
makro_mies about SPX500 2 months ago
tankbell
2 months ago
Tough to expect a V bottom....a wise trader once said never try to catch a falling knife. So a short term pop monday But tuesday and wednesday are toss ups...
if Hillary doesn't implode or donald doesn't killery her.
Reply
makro_mies tankbell
2 months ago
You're mostly right. Nevertheless, you can do your timing in many ways. I prefer "pyramid"-positioning.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out