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West Texas Oil
Updated

Oil drop

100
USO uwt DDWT USOIL
Took a short position yesterday (3-21) based on this broadening pattern. It will probably spike up a few times but I suspect it's going down down
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turning point here? snapshot
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sold my short at break even, just took larger position short here 4/2. Oil looks like it's sticking its neck out here and I would advise caution if you're a buyer: snapshot
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TL 'fixed' a little here. I can't help but take that stoch/rsi seriously:
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Weekly chart on oil- Possible huge descending triangle where D is done.. The next fall going to bring those 27-30 low? at E? It is surely possible:
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Oh bravo oil.. bravo. You're still going down:
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fake out or real break out.. let's find out:
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?
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This has been retardedly bullish and I'm quite skeptical of more strength.
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snapshot
gghsusa
Chart PatternsDWTTechnical IndicatorsUSOCrude Oil WTIUWTWave Analysis

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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.
Chart PatternsDWTTechnical IndicatorsUSOCrude Oil WTIUWTWave Analysis
gghsusa

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.