Spapadap

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Markets Allocation
14 % stocks 86 % other
Top Mentioned Symbols
USOIL 85% | 6 BAC 14% | 1
Spapadap Spapadap USOIL, 30, Short ,
USOIL: MAIN LONG TERM SUPPORT BROKEN ON LOG CHART
61 0 3
USOIL, 30 Short
MAIN LONG TERM SUPPORT BROKEN ON LOG CHART

R/S Lines shown MAIN LONG TERM SUPPORT BROKEN ON LOG CHART STILL YET TO BE BROKEN ON NORMAL CHART. SHOULD HAPPEN SOON. https://www.tradingview.com/x/rKxhUMZo/ NORMAL CHART https://www.tradingview.com/x/FeByXWvg/ short view https://www.tradingview.com/x/xS4uei3b/

Spapadap Spapadap USOIL, 240,
USOIL: Wedge(s) are closing
36 0 1
USOIL, 240
Wedge(s) are closing

6M view of larger wedge: https://www.tradingview.com/x/C1NV6n9U/

Spapadap Spapadap USOIL, 15,
USOIL: Some slower Bearish action
31 0 0
USOIL, 15
Some slower Bearish action

Thick Black line is multi month strong resistance. If the bold line is broken expect a heavy drop, though unlikely to happen the next few days.

Spapadap Spapadap BAC, 120, Long ,
BAC: Descending wedge
21 0 1
BAC, 120 Long
Descending wedge

Macro View Support Resistance https://www.tradingview.com/x/doaRErGL/

Spapadap Spapadap USOIL, 60,
USOIL: Where could we go from here? SUPPORT/RESISTANCE
34 0 1
USOIL, 60
Where could we go from here? SUPPORT/RESISTANCE

Red ~60% most likely Increasingly bearish but crossing over more resistance lines holds more support in the down eventual down trend. This shows some choppy trading to come.

Spapadap Spapadap USOIL, 120,
USOIL: Large break is soon to come.
71 0 1
USOIL, 120
Large break is soon to come.

https://www.tradingview.com/x/L3X8OxBm/ Running out of steam. Even bulls speculating on monthly dip. Support levels are laying perfectly but the long term support that has worked so well will break down soon . Such a strong ascending wedge in ~5Mo (more recent bearish flag ~1Mo) will mirror the strength of the collapse once this breaks. Definitely don't see oil ...

Spapadap Spapadap USOIL, D, Long ,
USOIL: To 48.3 in the next day(s) -- Short term long
72 0 1
USOIL, D Long
To 48.3 in the next day(s) -- Short term long

https://www.tradingview.com/x/ERfZmMkn/ https://www.tradingview.com/x/Zaa2UArz/

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