FOREXCOM:USOIL   CFDs on Crude Oil (WTI)
Correction coming for US Oil? Seems that the DJI may have met its peak with a correction on the way. Seems to be a slight decline based on moving avg. Could see a small rally followed by another sell off.





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Comment:
Bulls don't seem to have the buying power to push this moving average to show a bullish uptrend.

Expect lower lows after an attempt to rally and break the high. This seems to be a make or break for oil.
Comment:
Looking for a mid to end of week sell off.

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