輕原油期貨

OIL - watch this carefully

由iamajeya提供

Watch the Next 50 cents very carefully. Oil needs to make lower lows and stay in the band.
Right now all forces are pointing South

Oil continues to go down on high volume.
MA 50 (Red line) is below MA 200 (Grey line)
China is just starting to end it's massive strategic reserve buying
Iran is doubling it's production
US production has gone up
Canadian stock is hitting the market again

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Short at 50, Targets $43 - $38

由iamajeya提供

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