the_sunship

USOIL - false breakout and wind up

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the_sunship 已更新   
TVC:USOIL   WTI 原油差價合約
The breakout on OIL on Friday was rejected at the 18 weekly ma, again - so that's bearish. We are now under the daily 18. In my opinion this is winding up for a serious move down. Confirmation of a break of the major trendline is under 72 which may come quickly. First target approximately 65 dollars.

Good luck!
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objective short here on oil - lots of Daily ma's here as resistance.

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