Solely based on technical analysis.
Small position, as it's on the smaller TF.
...
The chart speaks for it self.
Great time to go short....
I believe that if you're able to get oil at any price under 20$ pr barrel, then you're getting a great price. Which means that I would recommend taking long positions for USOIL right now.
I believe we will see another downfall because prices have, in my opinion, moved too fast the last couple of days.
Information will come soon...
Short usoil...
