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Raistlan01

Rising Oil Wedge Reversal + Too Far Too Fast

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Futuros de petróleo leve bruto (NYMEX:CL1!)  
Raistlan01  
NYMEX:CL1!   Futuros de petróleo leve bruto
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Rising Wedge Reversal anyone? RSI Spiking towards overbought (not in, but towards) Embedded Stochastics that don't stay this high long... Seriously 12% Rise in 11 Trading Days.... I'm not a permabear, but a pullback would be healthy... Unless EIA blows past API, i think this is a draw in-line with forecasts and some people take profits.. I'm saying $52-ish by next Monday. I've been short since 52.75 and will probably add to position unless we plow thru 54.5 on strength!

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