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Hosuarkq3

Oil Consolidating on 200 ma ready for a decline

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
Hosuarkq3 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis
7
1
trendanalysis
Speculation and fear have driven oil prices beyone the realistic value of a rapidly deteoriating market. Real demand is about to factor into the market and that will reflect a decline.
Comment:
about to get a rise in oil to mirror the sentiment going into equities, so back to 100 then a further decline
Trade active:
Oil looking like its ready for a move up
Comment:
Closing this one out
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