TVC:USOIL   CFDs on WTI Crude Oil
Despite higher TF's being bullish, I think we can see some bearish movement. The Daily MA's are down w/ PA on the Weekly from last weeks close and the two highlighted points on the Daily being more evidence. Looks like we just got a retest at the end of last week w/ the bullish engulfing showing buyers exhaustion and the hanging man which could lead us lower to test that outer trendline for a break or bounce. Not to mention, it looks like we're having a hard time making our way back to trading above $70.00 per barrel
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