EquityCast

US Oil Breakdown

Short
TVC:USOIL   CFDs on WTI Crude Oil
Very bearish daily candle close for Oil WTI. 3 black crows bearish continuation pattern with a daily bearish marobozu candle today! Not even a bounce.

Short Entry: 200DMA (83s)
Next stop: 50DMA (green line)
Price target to cover: 73s

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