CFDs on Crude Oil (WTI)
Short

OIL: Making Sense of the Drop

101
Revised the count. USOIL is still following the path as outlined in my previous posts so no big change is needed.

USOIL won't stop the slide until seeing at least $48.28. On the other hand, I double this correction will be too deep (below $44) though.

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.