USO ... backtracking and stalling the 13ema for now ...
nice push though ... hitting the steep downtrend line
... and could be bear flagging too ... something to watch
for
USO ... Hourly and 120mins shows normal consolidation after a
big move ... but on the daily, it stopped at the major trend line
and could easily be bear flagging from here ....
USO ... reversing fast from first horizontal resistance on the
daily .... on the hourly, back filling opening gap ... still
a quick reversal .... careful
USO ... backtracking and stalling
USO 2hrs : Getting ready to flush down again? this ...
Posted by mla127 on 2nd of Jan 2019 at 11:56 am
USO ... backtracking and stalling the 13ema for now ... nice push though ... hitting the steep downtrend line ... and could be bear flagging too ... something to watch for
USO ... Hourly and 120mins
Posted by mla127 on 3rd of Jan 2019 at 10:15 am
USO ... Hourly and 120mins shows normal consolidation after a big move ... but on the daily, it stopped at the major trend line and could easily be bear flagging from here ....
USO ... To see Oil
Posted by mla127 on 3rd of Jan 2019 at 03:34 pm
USO ... To see Oil positive in this market feels like you have just spotted a UFO ....
USO ... gaps are almost
Posted by mla127 on 4th of Jan 2019 at 10:08 am
USO ... gaps are almost a goven with this ... but Oil kept it's "cool" in yesterday's carnage ...
USO ... reversing fast from
Posted by mla127 on 4th of Jan 2019 at 11:29 am
USO ... reversing fast from first horizontal resistance on the daily .... on the hourly, back filling opening gap ... still a quick reversal .... careful
USO / SCO : Looking
Posted by mla127 on 7th of Jan 2019 at 02:03 pm
USO / SCO : Looking to buy SCO ... divergence on USO hourly/120mins (more pronounced on the hourly chart) ... tapping out at daily resistance ...
USO / SCO : patience
Posted by mla127 on 8th of Jan 2019 at 10:27 am
USO / SCO : patience little grasshoppers ... patience ....
USO / SCO ... Man
Posted by mla127 on 9th of Jan 2019 at 09:32 am
USO / SCO ... Man ... this busted that resistance area like it wasn't even there ....
SCO ... The next higher
Posted by mla127 on 10th of Jan 2019 at 11:34 am
SCO ... The next higher low on oil when it pulls back could be creating a nice H&S Top on SCO ....