CosmicDust

USOIL monthly - bigger picture - 08/20/2015

FX:USOIL   CFDs on Crude Oil (WTI)
47 1 3
Picture is cleaner on the monthly chart. I am looking for solid support from the blue lines ($38 level) and meaningful breakout from the red resistance and 10 month MA. No guarantee the blue support can hold or a V shape rebound from it, but at least we can bet with tight stop there.
Almost there.
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