orvilleawright

USOIL (Daily) failed at $51.70, trying again

TVC:USOIL   WTI Crude Oil
USOIL             (Daily): For more than a week oil             has broken and held above $50. The next target is resistance at $51.70. It tried to break this level on Oct 11 but failed to do so. Here we are again. The trend is clearly bullish but be careful of buying into resistance.
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