USOIL: This should be the bottom in oil

ที่อัปเดต:
I'm entering longs on strength, once we break out from the linear regression channel here, the long will be safe.
The options expiration support level and the yearly SMA give us a some peace of mind as well.
Good luck,

Ivan Labrie.
บันทึก
This is what I wanted to see, already in profit.

สแนปชอต
บันทึก
Now 44.43, looks promising.
บันทึก
สแนปชอต

Good confirmation of the up move starting.
บันทึก
สแนปชอต

Good reentry...
บันทึก
สแนปชอต

How about that?

This WAS the bottom in oil, I'm 90% sure.
บันทึก
bloomberg.com/news/articles/2016-11-21/oil-climbs-as-iran-iraq-signal-deal-hope-before-vienna-meeting

...headlines starting to pop. As expected, Saudis want higher prices, and we're stuck in a range, so, again, buying the bottom of the range, against support works.

Now, let's time the exit. That will be tricky.
บันทึก
Ok, hope someone benefited from my divination. :)
บันทึก
Sold that one, reentered and now we're cooking with gas.
crudekeyhiddenlevelsOilrgmovtimeatmodeCrude Oil WTI

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