wafflehouseinthe212

looks like trend is changing to bullish since broke out of trend

FX:USOIL   CFDs on Crude Oil (WTI)
142 0 5
looks like trend is changing to bullish since it broke out of the downward trend line .if oil             closes above 36.97 then it will be a bullish but if close below 36.97 then we could test 36.25.This is pivotal point.I wouldn't hold a position either way but oil             is more likely going to go up on assumption that the rig count will be negative. The MACD shows that oil             still has a way to go down but not much.I would consider going long when MACD hits -0.26
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