Fundamental:
Today is December 18, 2018. The US Fed meets on Wednesday, December 19, 2018.
Not much to say; just watch and wait.
Technical:
I am neutral this CRB Index.
With oil oversold and the CRB Index oversold, it won't be a surprise if after the US Fed meets this week, we get some type of risk on sentiment flowing back into the markets.
I watch this drop and remain neutral until evidence shows up that this is going green.
Besides this, it still can go awry with a continued slide. I am open-minded to anything; however, at this point, I refrain from jumping in short with everyone else.
The same can be said above USOil itself on a monthly basis:
Today is December 18, 2018. The US Fed meets on Wednesday, December 19, 2018.
Not much to say; just watch and wait.
Technical:
I am neutral this CRB Index.
With oil oversold and the CRB Index oversold, it won't be a surprise if after the US Fed meets this week, we get some type of risk on sentiment flowing back into the markets.
I watch this drop and remain neutral until evidence shows up that this is going green.
Besides this, it still can go awry with a continued slide. I am open-minded to anything; however, at this point, I refrain from jumping in short with everyone else.
The same can be said above USOil itself on a monthly basis:
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.