XOM appears to be hitting an exhaustion retracement top here post earnings.
USOIL potential continuation pattern into bear market.
Bought ATM LEAP put IV down at 32.
More to come when i get time.
Not advice.
USOIL potential continuation pattern into bear market.
Bought ATM LEAP put IV down at 32.
More to come when i get time.
Not advice.
Comment:
Look at the price follow the moving average and this is going just fine so far also with USOIL on an up day, but it will also be heading down i think.
Comment:
USOIL thread:
Comment:
Crushing it 😸.
Hopefully a long bear market from here.
Hopefully a long bear market from here.
Comment:
Looks like an ABC zig zag retracement here printing a shakeout reversal pattern through the 1:1 fib.
Comment:
Day closing to print a shakeout reversal pattern also through 50MA. With a big gap below it should be heading down from here.
Comment:
Chaos in the markets today but at least this one is staying true.
Comment:
USOIL looks like its on a bounce and so I have exited XOM for now. If it does bounce then I think XOM may get to $108 from my previous thread a which point it will be an incredible short.
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