oliverrathbun

US Oil - Shorter Term Buy - Again

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TVC:USOIL   CFDs di Minyak Mentah WTI
This is a follow-up to my previous post on Feb 9th.

There has been a consolidation...base building if you will, around the longer term median line.
I continue to believe there will be a substantial advance from this point to the opposing channel as charted.
A move through the local overhead resistance will likely garner significant buying.

Weekly chart in an area format:
Komen:
Heads Up...
Komen:
l would suggest either entering or adding longs here....
Komen:
Just before open... this is more like it...
Penafian

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