museman
Long

USOIL Neutral status

FX:USOIL   Crude Oil (WTI)
Oil             for the past month has followed a bullish channel . We shall see if this continues coming into this week. As seen below, the circled region represents the 50 day moving average crossing the 200 day MA which is also a bullish signal. All in all, with the events that have occurred over the course of the week, such as the wild fire in the oil             rich production town of Fort McMurray, we could possibly see a cut in production and therefore an increase in price.
Comment: Broke the channel opened a short position
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder 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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out