bouadvisors

bouadvisors

MY PREVIOUS CHART WAS IN RELATION TO CRUDE AND HOW I POINTED OUT THE TRIPLE TOP WE FORMED ON THE DAILY TODAY. THIS CHART DEPICTS THE MACD and STOCHASTIC INDICATORS. MAC D's are out of wack and do for a pull back. MY STOCHASTIC WHICH I USE A 13 13 6 SHOWS A PULL BACK IS NEAR. BUT THE BEAR CROSS OVER HAS NOT HAPPEND YET SIGNIFYING A POSSIBLE BUMP TO 40.50-41.00...

bouadvisors

First and foremost one should know I am very bearish on oil, as it has paid tremendously the past year to be on the short side. But a true bear should know when to prey and when to hibernate. At this moment I consider myself in hibernation. I am looking to sit out until June of this year before I initiate my big short on crude. So far my analysis has been...