$CL_F $USO $OIL (D) Might see a pullback near R1 pivot
or near 42.17, an important fib and support test.
Basically we could be in a local Crude bottom for the time being. Profit taking will happen soon. So if 42ish holds, then 50 is a reasonable future resistance target. Otherwise if 42ish fails, then 40 likely, and a nice bear hug for a support test near 35.
More importantly, trade with your rules.
Basically we could be in a local Crude bottom for the time being. Profit taking will happen soon. So if 42ish holds, then 50 is a reasonable future resistance target. Otherwise if 42ish fails, then 40 likely, and a nice bear hug for a support test near 35.
More importantly, trade with your rules.
Comment:
LOL. Not bad.
