USOIL Buying Opportunities

See callout bubbles. I expect the trend is shifting with Oil. Here are some areas to look out for ; )

تعليق:

Oil is up today, and moving up before our area has been touched. This tells me that that below where current price is (aka our zone) we may indeed find the buyers that we are expecting. If our first zone holds, we should be somewhat aggressive with our profit taking and just shoot for the top of the range.

تعليق:

Oil has come up to the area where we expect sellers and there is a reaction. Will these sellers drive the price down to one of out demand zones? W'ell just have to wait and see.

تعليق:

Oil looking bullish... Price is in an area where I would expect sellers. So far, no reaction. No action taken on Oil. Just waiting to see what the market does.