OIL Hidden Divergence Suggests Further Selling
This is adding to an already difficult market environment. Oil here looks bearish.
I was expecting a nice strong trend but this hidden negative divergence does not
support strength in oil. Caution is warranted. I am shorting this. This is just a
suggestion to NOT go long. And to just stay away from it.
I was expecting a nice strong trend but this hidden negative divergence does not
support strength in oil. Caution is warranted. I am shorting this. This is just a
suggestion to NOT go long. And to just stay away from it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.