janofranco

janofranco

USOIL is respecting a trend line following the maximum of 4 nov 2015. This might mean a continuation downwards in the next few days to test the 26 level from last week. Maybe even lower to the 25's Even though i'm putting short positions my long term view is long. So be careful if it breaks to the upside

janofranco

There is a clear doji forming on todays data on USOIL. If today closes like this we might have 2 to max 3 days of strong buying.