Long
$100 Oil coming although this is previous rejection level
• Above All Moving Averages
• Last leg of resistence area before going to 3 year high
• Had a call for $150 last year
○ My Thought:
My last leg of defense is up here t $85 dollars of course we are $3 away right now. Now this area I would be cautious because the $83 level has some tough resistence and last time we were up there we dropped pretty bad but should we hold we are pushing $90
ETF(s)
OIL:
WTI:
USO:
Overall: Bullish
Today: Neutral Bullish
• Last leg of resistence area before going to 3 year high
• Had a call for $150 last year
○ My Thought:
My last leg of defense is up here t $85 dollars of course we are $3 away right now. Now this area I would be cautious because the $83 level has some tough resistence and last time we were up there we dropped pretty bad but should we hold we are pushing $90
ETF(s)
OIL:
WTI:
USO:
Overall: Bullish
Today: Neutral Bullish
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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.
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.