Oil ... short term idea

11 окт. 2017 г.

Short term idea, nice cup/handle forming, needs a 50% retrace to validate, and an overlay of last years price, same time period for reference.

Expect near term short oppty, and then perhaps a prolonged decline for the season, or a snap back up to $52 then a decline.

... but here is the chart anyway.

the normal caveats for oil follow... geopolitical risks, major currency issues.. you get the idea.

14 окт. 2017 г.

Заметка

continued movement above trend break