US OIL is currently crapping itself in pre-market futures trading. There was no support as it surpassed the 49.2 per barrel mark.
This fits exactly what was outlined in previous ideas Re: OIL and resistance it had NO CHANCE to pass in the 49s. It is currently tracing way back and the full pullback should push it sub-45/b.
See attached Idea Re: the simultaneous nature of the S&P crapping along with
USOIL, a strong indicator of economic activity.
Best of It all to all of you all!
-BDR
This fits exactly what was outlined in previous ideas Re: OIL and resistance it had NO CHANCE to pass in the 49s. It is currently tracing way back and the full pullback should push it sub-45/b.
See attached Idea Re: the simultaneous nature of the S&P crapping along with
USOIL, a strong indicator of economic activity.Best of It all to all of you all!
-BDR
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Related publications
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.