Which way to go, a lot of indecision is in the oil business for the time, bulls and bears have a fight - who will win -
only god knows.
If you look at the 144(FIB number) SMA, there are a lot attached on down as upside. This is a good indicator where to go.
Wait for the breaks.
MRC had friday big volume and loss and went up again,
is this a turning point. ?
target FIB - level 0.618 and 0.786 retrachment.
we need a break above 13 to have a valid change.
move stop up to entry price after that break.