bhowe
Short

USOIL

FX:USOIL   Crude Oil (WTI)
99 0 3
USOIL             hit my $50 target last week and appears to be rolling over after hitting the resistance area in the blue box. The EW pattern is complete at $50 so an ABC correction is expected. RSI and %R are both overbought. volume dropping off.
I'm taking a small trade in ERY             here near a double bottom .
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