$100 Oil coming although this is previous rejection level
• Above All Moving Averages
• Last leg of resistence area before going to 3 year high
• Had a call for $150 last year
○ My Thought:
My last leg of defense is up here t $85 dollars of course we are $3 away right now. Now this area I would be cautious because the $83 level has some tough resistence and last time we were up there we dropped pretty bad but should we hold we are pushing $90
ETF(s)
OIL:
WTI:
USO:
Overall: Bullish
Today: Neutral Bullish
• Last leg of resistence area before going to 3 year high
• Had a call for $150 last year
○ My Thought:
My last leg of defense is up here t $85 dollars of course we are $3 away right now. Now this area I would be cautious because the $83 level has some tough resistence and last time we were up there we dropped pretty bad but should we hold we are pushing $90
ETF(s)
OIL:
WTI:
USO:
Overall: Bullish
Today: Neutral Bullish