This is adding to an already difficult market environment. Oil here looks bearish.
I was expecting a nice strong trend but this hidden negative divergence does not
support strength in oil. Caution is warranted. I am shorting this. This is just a
suggestion to NOT go long. And to just stay away from it.
I was expecting a nice strong trend but this hidden negative divergence does not
support strength in oil. Caution is warranted. I am shorting this. This is just a
suggestion to NOT go long. And to just stay away from it.