USOIL chart and fundamentals divergence - SETUP

2 дек. 2016 г.

SETUP only at retest of the break of the lower dashed. Entry only at 2 if it forma a Gartley. Fundamentals and the chart don't agree. With the OPEC cut we should see Oil price increase. At this moment the charts tells me to go short. Because of the divergence at this moment between chart and Fundamentals, I'd only feel safe going in at the reversal of wave 2. If it gets there. If it breaks above (II) I'll recount with that new information.

9 дек. 2016 г.

Заметка

Still deciding. No trade yet, 3 or 4 days untill setup is activated or canceled

15 дек. 2016 г.

Заметка

Gapped up on the weekend with the news, not looking very strong, so may continue down, even though oil production is reduced. Maybe with the US finding several bilion barrels to explore of Alaska