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jsaettele

Crude Oil PERFECT Channel-Next Stop 102

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
jsaettele  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Crude Oil WTI USO cl_f
5
0
trendanalysis chartpattern usoil uso cl_f
The decline in crude since March channels perfectly. This is either a pullback before another leg higher or a more drawn out consolidation (favored view). In any case, 102 looks like the next stop. 90.50-92 is support. -Jamie
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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