USOIL Where will price go? MOMO says NONO

Let us see.. It can still go higher but momo seems to be with us. This can help the market come down a bit.

Dagangan aktif:

at F looking for price rejection here!

Komen:

heading to D

Dagangan ditutup secara manual:

took a small loss on some oil rig plays i have tight sl for

Komen:

A rejection here at D-1 could be nasty ... I really thought oil would be heading at least towards d3 near 49ish

Komen:

I went long in XLE after F broke.

Komen:

VLO 04/29/2016 60.00 P
PUT VALERO ENERGY CORP $60 EXP 04/29/16 235 down 60% in this play. about 4k i gambled... I did not take profit on the dip stupidly.. i will take a loss....

Dagangan aktif:

reversal zone 1 reached! looking for reversal

Dagangan aktif:

I am long from D

Komen:

we win!

Komen:

I watch price obey and am still amazed by how price listens :-)