Oil has had some strong buying volume around 85-86$ a barrel. Starting to break out of the downward slope to create a new higher low pattern.
If Iran doesn't except the deal the price of oil will pull back above 100$ a barrel
-Russia might also cut of demand for EU
-USA is going to stop adding supply in September because their reserves are running low...
Cruz is hitting resistance line. It pulled back previously and now its back to resistance. Wait for break out and retest on the .30cent before entering. SL : .25 cents. TP: .38/.40 cents
