CRInvestor

CL1! - bull/bear toss of the coin from here

NYMEX:CL1!   Futuros de petróleo leve bruto
0
Crude oil has made a very natural correction over the past couple weeks as it cleaned itself up from a 'stupid overbought' condition registered through late February & early March, 2014. We have come back to the 38.2 fib, consolidated and are now deciding weather to rally back up into the short term OTE short zone (102.22 to 103.54) or to complete the daily OTE long ss tag (95.36). Frankly, I don't think anyone really knows which scenario will play out. The message here at the moment appears to be - the easy short off the top is done and now a break of either the 97.37 lows or the 100.37 area highs shall indicate direction going forward......which one will it be???

If my charts help you, or you use my indicators...
please consider a BTC donation to allow me to
continue my work :

1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5
& follow me on Twitter @CRInvestor

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.