Crude Oil (*$76 on sight but Beware of small swing downs too)
Oil
It is no doubt that oil is in the UP trend for now and it better to look for LONG only.
But it doesn't mean that we shall have not have a down swing as a restest.
Things rarely to UP/Down straight line.
So, put it this way. It can easily retest the support of 57 to 60 region and as long as the level is support, look for long entry only.
It should eventually goes to $76 level.
Trade Safe,
S0nic
It is no doubt that oil is in the UP trend for now and it better to look for LONG only.
But it doesn't mean that we shall have not have a down swing as a restest.
Things rarely to UP/Down straight line.
So, put it this way. It can easily retest the support of 57 to 60 region and as long as the level is support, look for long entry only.
It should eventually goes to $76 level.
Trade Safe,
S0nic
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