I am expecting the oil rally to continue. However, the time is right for a little pull back to 33.50 levels.
This should allow the longs to come back and push it to the first hurdle of 38.
A successful break of that resistance should create a passage to 45.
And we should see the same pattern in equities too if this plays out.
This should allow the longs to come back and push it to the first hurdle of 38.
A successful break of that resistance should create a passage to 45.
And we should see the same pattern in equities too if this plays out.
