Tradersonflow

Tradersonflow

I think oil is going to go downup to 50.70

Tradersonflow

Crude oil is on a monthly downtrend

Tradersonflow

Today crude oil is going to reach 61.10 or 63.35/50. Pick your pick. TVC:USOIL

Tradersonflow

Wrong bias but the upper limit of 62.50 has been reached. #analysis

Tradersonflow

A downward break of the 60.9 could very well happen =] 62.5 for the long side

Tradersonflow

Now that usoil, wti, reached its first target south at 62.7 it has still the power to go down to 62.1 or up to 64.7 since we are hours away from NYC open. TVC:USOIL

Tradersonflow

Crude oil is at the moment, sort of neutral and is between 62.60, where it is trading now at 63.15 and its potential move up to around 64. We are expecting a bit of down move towards 62.5/7 but it is not much for us, I guess scalpers will be welcome =] I believe we should see a move up at some point though... To be confirmed.. Not so much on the table anyway today...

Tradersonflow

Lately crude oil came under the resistance level at 66.2 Previous support is at 55 and the last move up was long enough that I don't believe crude will go back down 55 quite soon. Maybe will it temporize and break out to the upside soon ! We ll have to see within the next couple of weeks though.