in Monthly trend has been -ve 4 times since 1994. This is the third steepest $VIX
A close above 10 WMA, I expect to be very positive for CL_F $USO
Wait mode until it reverses after price above 50 DMA
Neutral. Will add more once 10 WMA flattens and price above
I still think its overbought. Will correct over time or price or both to bridge gap
but $261-262 to be taken first, 20/50 DMA cross next before being bullish
2010-15 55% CAGR returns, just 17 trades, 1.1 Sharpe. #keepitsimple
If Ascending 20, 50 DMA & 20>50 DMA. Long. Else cash
Near term resistance around $30, technically utterly broken unti then