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CFDs on WTI Crude Oil
Long
Updated

USOIL to s&p close to historic lows

180
The levels it could rally to relative to the spx are marked, the closest one being 80% outperformance.
Note
Zoomed in here, the weekly macd showing bullish DIV. In a big way at support.

snapshot
Note
So we broke up from a falling wedge on oil vs dollars.

looks good, as the rest of market is falling.

snapshot
MikeMM
Chart PatternsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTrend Analysis
MikeMM

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.