Matt, Thanks ... If I trade

    Oil -Matt

    Posted by cspirit on 10th of Jul 2009 at 12:37 pm

    Matt,

    Thanks ... If I trade Oil I will do it via DXO.  I like how it trades with Oil.  DXO is near uptrend support line.

    Feb. 1.75 low

    March 2.52 Low

    Current today Low 3.44.

    Chart signals do not look great year on daily's however on my chart on DXO it look be in Longer term Wave 4 pullback and could push higher to Wave 5 above $ 4.80.

    Does this look correct?

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!