$USOIL to break a top-FIB point; Could a Parabolic rise follow?Keep very close attn to the 45.66 price-point.
It breaks the trade channel and the top Fibonacci retracement, and it could be the bull horn sounding with economic activity increasing in all sectors and most energy stocks reaping the benefits w/ a big rise. If OIL crosses 45.7 without a lot of resistance, there cannot be a more bullish indicator given as a confirmatory signal of this bullish trend continuing.
GL, if you need it.
-BDR
