Chucklehead

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Last visit Joined a year ago
Markets Allocation
50 % stocks 50 % other
Top Mentioned Symbols
USO 50% | 1 SPX 50% | 1
Chucklehead Chucklehead USO, D, Long , a year ago
USO: USO Finding bottom and new channel
51 0 0
USO, D Long
USO Finding bottom and new channel

USO trended within a 12 dollar channel from 2009 to 2014. It could be finding a bottom at the crux of the triangle down, break out and begin trending in a new channel. Perhaps using resistance of the 62% fib line.

Chucklehead Chucklehead SPX500, D, Short , a year ago
SPX500: SPX consolodation up to 1945 before another move downward
47 0 0
SPX500, D Short
SPX consolodation up to 1945 before another move downward

following the big downward move weeks ago, it looks to recover to a 50% Fib level which is in line with resistance caused from the lows of the longer downtrend. There's also a triangle up pattern framed by this wave's lows and last august's lows.

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