USOIL: TIGHT BULL CHANNEL. WHERE'S THE SELLING PRESSURE? ;)

11 mag 2016

50's seem acting as magnet to price.

Since the Feb low of 26.03 , we have recorded only 2 negative weeks. The first negative week was w/o delay countered in the week that followed.
The second negative week was last week. Additionally.......it had tails below =buyers around.


I'm thinking............^_^ Will history repeat itself?

12 mag 2016

Nota

New Daily High
s3.amazonaws.com/tradingview/snapshots/p/poMTYzlt.png

12 mag 2016

Nota

BUYING PRESSURE s3.amazonaws.com/tradingview/snapshots/x/XdUhkOlf.png

14 mag 2016

Nota

Last week closed on its upper 50%. Some concern for the bears, I guess ;) s3.amazonaws.com/tradingview/snapshots/p/pubua2aU.png

16 mag 2016

Nota

There's a magnet @ 50 s3.amazonaws.com/tradingview/snapshots/p/PhCJh4To.png

17 mag 2016

Nota

Closes near high of day yesterday s3.amazonaws.com/tradingview/snapshots/x/XEEU7BNr.png

19 mag 2016

Nota

Good context! Good Signal! But would this pass for a short.....?
I am short from 47.85 but nimble s3.amazonaws.com/tradingview/snapshots/i/i73QFohI.png

20 mag 2016

Nota

3B Wedge https://TOPhttps://s3.amazonaws.com/tradingview/snapshots/r/RrQYOo5K.png

20 mag 2016

Nota

s3.amazonaws.com/tradingview/snapshots/r/RrQYOo5K.png

26 mag 2016

Nota

THE MAGNETISM OF 50 s3.amazonaws.com/tradingview/snapshots/d/dS8chszk.png

27 mag 2016

Nota

s3.amazonaws.com/tradingview/snapshots/0/0pNQJvkN.png