US Oil - Shorter Term Buy - Again
This is a follow-up to my previous post on Feb 9th.
There has been a consolidation...base building if you will, around the longer term median line.
I continue to believe there will be a substantial advance from this point to the opposing channel as charted.
A move through the local overhead resistance will likely garner significant buying.
Weekly chart in an area format:
There has been a consolidation...base building if you will, around the longer term median line.
I continue to believe there will be a substantial advance from this point to the opposing channel as charted.
A move through the local overhead resistance will likely garner significant buying.
Weekly chart in an area format:
Note
Heads Up... Note
l would suggest either entering or adding longs here....Note
Just before open... this is more like it...
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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.