US Oil had a good rally at the beginning of the year.
It reached $49 (68% fib on a 4hr chart) then retraced back to $48 (50%).
Currently sitting at 50% and looking like it is holding.
It is slowly forming an H and S, which is a good sign, if it completes and may signal a reversal.
However, this volume is concerning. Either traders are still on...
USD in a nutshell. In 2019, the US Economy will be slowing down
GDP growth will slow down to 2.7%
Unemployment rate will go up to 4%
Consumer confidence will go down
Business confidence will go down as well
Government debt will continue to rise
Inflation will go up 2.2 - 2.6
Interest rate will be increased twice 2.5 - 2.75
Even though, those future data will be...