MarlosClock

Long oil

Long
MarlosClock Updated   
TVC:USOIL   CFDs on WTI Crude Oil
12hr Stoch and RSI suggest a sharp rebound on Oil to 100/108 levels at least. This would be rough on markets and may kick the next big leg down if it gaps up.
Comment:
The 95 level is where I figured bottom would be the night before and it was close. 93-96 range is a volume shelf.
Comment:
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.