SPOTCRUDE if it holds above 70.191 will retrace up again...if falls below can go to 96.894, and then 69.171 But it will be enough giving me back my 2 lossesof today.
USOIL Trading Tip: Take a look at the 6 confluences for this strong bullish trend: - Giant W-shaped pattern that formed a Double Bottom; - Tweezers Bottom that created a Resistance Line; - Bulls bouncing up from the S&R Zone; - Triple Inside Day that foretold that a very BIG move coming; - Bullish Pressure Zone; - And, Ascending Triangle formed by the Bullish and Bearish Trendlines (in red and green dotted lines).
USOIL If you think this is a crazy bullish pump, did you see the S&P 500 and Nasdaq take a nose dive to the Center of the Earth?
During this past week, from last Wednesday until Friday, the S&P-500 Index lost $100 BILLION per Trading HOUR! The total Trading Hour Loss was Two TRILLION Dollars!
Then, after the market closed on Friday, S&P-500 futures erased another $120 BILLION within minutes.
And, if you look at the Dow, it dropped 1,000+ points, from Thursday until today: tradingview.com/x/SDRzYi1v/