Lionbeezy

Lionbeezy

Spy breaking recent uptrend support line. Also forming H&S coupled with RSI divergence - a lot of conviction for short exposure. Next support is longer term pink trend line.

Lionbeezy

Couple options here. I think the blue arrows are more likely. Oil found support at 44 as expected. Keep an eye on the dollar.

Lionbeezy

USOIL next big support at... 44!

Lionbeezy

Oil breaking short term downtrend. Bullish reversal hammer forming. RSI bullish divergence. Plays: DWTI, JDST, USDJPY, USDCAD....

Lionbeezy

Southwest AIRLS forming a H&S pattern. Short idea amplified by bearish divergence in RSI.

Lionbeezy

Pennant resistance has held while the support has been weakened by lower low. Pennant pattern is ending. Support is weaker than resistance - expect it to break before resistance falls.

Lionbeezy

DXY riding a key level of support. Fib indicated and multi-decade tested. RSI also on a decade long uptrend according to monthly time frame. DXY will depend on Fed pace, however, chart points to bounce from current level.

Lionbeezy

Rising wedge broke as expected. Uptrend still not broken however. Will wait until Monday to enter short/long depending on DXY and news. GL all

Lionbeezy

Oil forming a bearish rising wedge reversal pattern. Strength in DXY will lead to break lower. Rig count will not change price much unless large build.

Lionbeezy

Oil forming a rising wedge. Bearish reversal. Look for support at 41.

Lionbeezy

Support at 43.20. Big support there from uptrend and previous top. If 43.20 breaks, start exposure to short side. If 43.20 breaks and holds break, 42 will go quickly. All eyes on DXY.

Lionbeezy

support

Lionbeezy

I see oil bouncing to 50% retrace levels followed by lower lows.

Lionbeezy

Short bounce opportunity in oversold oil. Be careful here. I will be buying oversold energy stocks from here to the bottom. Starting first with NRG.

Lionbeezy

Oil bounce opportunity for those with big cahones

Lionbeezy

ABC correction into resistance. Dollar will start back up around the time oil tops at 47

Lionbeezy

Dollar falling and oil up today. Yellen won't hike Dollar south OIL UP

Lionbeezy

Should hold around low 48s. If it breaks channel 3 supports are on chart.