I ended up holding my short position today, still in the hunt for the 40's.
Bear divergence still there, RSI trending down towards oversold.
Oil seems to be bouncing in between the two light blue bars, watch for a strong break either way.
Pair this with my other ideas.
Bear divergence still there, RSI trending down towards oversold.
Oil seems to be bouncing in between the two light blue bars, watch for a strong break either way.
Pair this with my other ideas.
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Related publications
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.