justaname
Short

OIL AT THE POSSIBLE END OF BULL TREND

FX:USOIL   Crude Oil (WTI)
57 0 0
Oil             needs to keep up the uptrend or a correction will ensue.

Breaking below 59.50 signals a downtrend.

Breaking the triangle up signals stronger uptrend. In the next couple of days, there's a chance dollar will gain serious strength and break below the triangle.

This time, breaking below 57 will make sure oil             goes into new lows.
Also, that bearish divergence on daily RSI won't go away and this is still biased for downtrend.
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