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Looking at our USOIL charts again, we can see the recent Rally has continued on the Rebound of Global indexes. This positive market sentiment is taking us back up to short zones.
We are far off our Moving averages on this large move up.
We can now RE short at these areas and trade small. We are looking for short term gains off the top and exiting at the eclipse symbol area at Comfortable early support.
Remember to trade carefully and small on OIL in the current climate.
Looking at our USOIL charts again, we can see the recent Rally has continued on the Rebound of Global indexes. This positive market sentiment is taking us back up to short zones.
We are far off our Moving averages on this large move up.
We can now RE short at these areas and trade small. We are looking for short term gains off the top and exiting at the eclipse symbol area at Comfortable early support.
Remember to trade carefully and small on OIL in the current climate.
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Daily Mentoring On Zoom:
bit.ly/prottm
Posts Not financial advice.