US Oil Short

١٣ فبراير ٢٠١٨

Continue to ride last week's bearish trend, with TPs 54 (base pivot line in weekly chart) and 50, while SL at latest daily high @61.

cnbc.com/2018/02/13/us-oil-drillers-are-spoiling-opecs-plans-for-the-second-time-in-3-years.html

reuters.com/article/us-global-oil/oil-hits-two-month-low-as-outlook-for-global-balance-dims-idUSKBN1FX04L



Daily:


Weekly:



Confidence: B (to account for geopolitical risks esp about Venezuela)