Oil can go either way
Just my outlook on oil has been bullish since it went negative and again my knowledge tells me a bull flag is the easiest way to send a stock any way as a buyer or large seller can take control and make things happen... we're holding support above the 100 ma which i like and makes me greedy, but we've also met a point of up or down for sure here, where as a week ago we knew it was selling off and clear large red candles brought the price down but from here anything can happen. Stay bullish with debit spreads.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.