This 42.50 to 43.00 area on the
current contract should be resistance. I think a lot of
shorts are getting squeezed on the rollover contract that expires
on Monday.
This might correspond with a short term high in the market and
an excuse to consolidate.
Flip a coin?
http://tos.mx/c1uOXF Here be a chart
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OIL coming into resistance
Posted by zach06 on 18th of Mar 2016 at 07:38 am
This 42.50 to 43.00 area on the current contract should be resistance. I think a lot of shorts are getting squeezed on the rollover contract that expires on Monday.
This might correspond with a short term high in the market and an excuse to consolidate.
Flip a coin?
http://tos.mx/c1uOXF Here be a chart