Oil has been volatile but I guess it always is.
XOM is still above the .236 fib level of the trend up.
Maybe an M forming, but I am not going there yet.
Every time I do, oil pops up again!
If this an M pattern it would maybe take this down a notch, or 2, or 3.
No recommendation.
Leg AB, the retracement leg of XA, landed at the .786.
XOM is still above the .236 fib level of the trend up.
Maybe an M forming, but I am not going there yet.
Every time I do, oil pops up again!
If this an M pattern it would maybe take this down a notch, or 2, or 3.
No recommendation.
Leg AB, the retracement leg of XA, landed at the .786.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.