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Fomenka
Dec 3, 2019 6:04 AM

USOIL difficult but still up Long

Crude Oil (WTI)FXCM

Description

USOIL continues to correct upwards. Despite much-respected @Rubus just posted a Telegram update that USOIL is megashort. I still see this as a bullish correction.

See how price makes higher lows and RSI makes lower lows? My guts tell this is bullish. I must admit I was stopped out on futures and suffered a loss on APA shares yesterday. Will reenter futures position and hold on to APA for a while.
Comments
coco11
Good day Deus i do appreciate your Anlysis....but we are in a very end of manipulated Saudy/Goldmann S. market....i see moor a kind of head and sholder on a Daily basis with OPEC Aramco IPO deception which first lead us towards $ 58 then down to 52 and 50.... what do you mean if you look at the head and sholder ? It's just my "feeling" idea no competition only to tray to get the best in favor of all Kind regards Enrico
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