USOil - Levels to Watch (More shorting to come)
With our oil short completed, it's time to prepare for the next round of shorts.
This will be more a journal than anything.
Note all drawn levels have now flipped from support to resistance. That said, with how quickly oil fell in the last few days and the "OPEC floor", I expect a explosive short-term bounce and will layer in on shorts at each level in increasing increments.
Last 6 Part Oil short series:
This will be more a journal than anything.
Note all drawn levels have now flipped from support to resistance. That said, with how quickly oil fell in the last few days and the "OPEC floor", I expect a explosive short-term bounce and will layer in on shorts at each level in increasing increments.
Last 6 Part Oil short series:
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