USOIL AT A DECISION POINT

I am convinced that this might be a potential signal to go short in Oil. It means, if 104.2 is really the real decision point, price should rotate down, where the first target zone might be around 97.6, which is a prior low and a potential second target zone might be around 92.0, which is a major support in the long term.

Full analysis in my new blog post here: bit.ly/1qNeboH

Petr
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