[ANALYSIS] USOIL Possibly Heading Further South? Short

Crude Oil (WTI)FXCM

Description

⋅ Apr 4, 2016 1:28 PM

USOIL has dropped significantly and hit a major point if resistance with a quick bounce and re-test of the previous lower channel TL. If PA can break the support line, we could see a further move down to the 272 extension.