CosmicDust

USOIL daily - consolidating - 7/2/2016

FX:USOIL   CFDs on Crude Oil (WTI)
Has been consolidating since the start of June. I want to get out if the blue support is broken. Note the weakened RSI and MACD. Also pay attention to possible 10/40 day MA cross in the coming week(s). It still has chance to break out to the up side but the bias is to the down side short term.
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