peterbokma

USOIL-NEUTRAL SELL

Short
TVC:USOIL   CFDs on WTI Crude Oil
We are trying to move higher, but failed near $ 115. As we can see the range 116.50 seems well protected till now.
The stoch RSI is negative short-term (weekly shows upside potential by the way). Trading short-term feels sell current @ 113.30-113.75 for a move lower to 102.50. Stop-loss @ 117.50 for now.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.