A tale of three views! $USOIL
Investigating oil I see three different scenes:
Daily as the chart above shows appears neutral/bullish
Weekly appears incredibly bearish
While monthly still appears to say up
In this environment it is too difficult for me to trade - the global concerns I would imagine would dampen oil. Especially if the dollar strengthens.
Daily as the chart above shows appears neutral/bullish
Weekly appears incredibly bearish
While monthly still appears to say up
In this environment it is too difficult for me to trade - the global concerns I would imagine would dampen oil. Especially if the dollar strengthens.
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