USOIl at a short term Inflection point
USOIL is at a nice bearish inflection point - 51.05-50.90 zone. Hold below for a bearish view, manages to pushes above and hold for a bullish view.
1. Fail to clear 51.10 look for a downside play 50.40, 49.90
2. Manage to hold above -for a test of 51.40 and 52.30
1. Fail to clear 51.10 look for a downside play 50.40, 49.90
2. Manage to hold above -for a test of 51.40 and 52.30
Note
just a test short of 51.42.Note
could end up being a rotational day
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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.