20160530 watching USOIL for short positions 240
Updated
Actually bearish divergence in formation with MACD
Also price near pitchfork ML, watching for crossing down
In combination with trending line in red see callout on chart
Short under 49.27 cautious if over
Stop loss over 50.18
Long over 50.91
Actual target 46.75
Also price near pitchfork ML, watching for crossing down
In combination with trending line in red see callout on chart
Short under 49.27 cautious if over
Stop loss over 50.18
Long over 50.91
Actual target 46.75
Note
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