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m3rr0r

USOIL death cross and where is bottom?

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
m3rr0r  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Technical Indicators Chart Patterns Crude Oil WTI usoilshort Commodities XAUUSD Oil Energy Commodities SPX (S&P 500 Index)
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trendanalysis indicator chartpattern usoil usoilshort commodities xauusd oil energy spx
The deathcross between the 50 SMA and the 200 SMA has been confirmed on the 2D chart. With momentum clearly pointing to the downside and no clear line of support it seems that USOIL still has further downside to go.
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