MY VIEW USOIL...LONG
HELLO ALL,
MY VIEW ON OIL IS LONG BASED ON THE BULLISH PUSH IT HAS HAD SINCE LATE APRIL. IT HAS PASSED THE .50 FIB ON DAILY CHART AND I SEE IT GOING ABOVE .618 FIB TO THE 43.50 - 44.00 AREA. I BELIEVE IT WILL OVER EXTEND ON RSI WHERE IT WILL TAKE A NICE FALL AGAIN.
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
MY VIEW ON OIL IS LONG BASED ON THE BULLISH PUSH IT HAS HAD SINCE LATE APRIL. IT HAS PASSED THE .50 FIB ON DAILY CHART AND I SEE IT GOING ABOVE .618 FIB TO THE 43.50 - 44.00 AREA. I BELIEVE IT WILL OVER EXTEND ON RSI WHERE IT WILL TAKE A NICE FALL AGAIN.
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
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