USOIL
the market should trend on up in an impulsive manner.
Trade above the 51.42 high would open the possibility that the next leg up is underway .
Resistance above 51.42 is around 52.06. Trade above the 52.86 rebound high should strengthen the bullish case.
Support comes in around 50.55-50.00 and then 49.13, which should hold.
Trade above the 51.42 high would open the possibility that the next leg up is underway .
Resistance above 51.42 is around 52.06. Trade above the 52.86 rebound high should strengthen the bullish case.
Support comes in around 50.55-50.00 and then 49.13, which should hold.
Nota
Below a weekly view looking at the possibility of this being part of primary wave 4 heading for 76...?!
Penafian
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