If we can break and hold under $109.50, then I believe that we may be on for a move to the psychological $100 level.
I utilize the Ripster Clouds, and right now we have price below the 1hr AND the daily chart 34/50 EMA's. Bearish signals for me.
This idea would only apply to today and maybe Monday at most. A fresh look would be needed no later than 2 days of price action.
I utilize the Ripster Clouds, and right now we have price below the 1hr AND the daily chart 34/50 EMA's. Bearish signals for me.
This idea would only apply to today and maybe Monday at most. A fresh look would be needed no later than 2 days of price action.
Trade closed: stop reached:
Bust move.