iambhenry

iambhenry

5 year up trending channel with the current downtrend , which is going to be a fake breakout. We'll see crude breakout passed the SMA 200 by 10/18, then the following week will be a drop back into the short term downtrend. Then crude will breakout where the short term down channel and long up channel meet, which creates a nice wedge.

iambhenry

Green line represents 2 weeks until payout for easy returns from the dump USO just took. All other zones are longer holding approaches. Not a professional trader...

iambhenry

X about to perform a 4hr/6m goldencross. This could cause the stock to jump $5-$7 dollars. Take a look in the past for this correlation.