The zigzagging nature of the OIL's price action suggests
that the bears are finding it difficult to keep OIL down.
Though we haven't enough evidence that OIL is a buy yet,
I suspect that OIL will be bought up at some point soon.
that the bears are finding it difficult to keep OIL down.
Though we haven't enough evidence that OIL is a buy yet,
I suspect that OIL will be bought up at some point soon.
positive divergence and only price action and oscillators, though it went up
enough to move stops, I just took the 1% loss. That is ok. My many other trades including BTC and Nasdaq make up for this loss. Now that the commodities have moved in to bearish territory, I believe that we will move into a deflationary period wholeheartedly. This is not good for anybody except competent traders. They are the ONLY ones that can even thrive in a bear market.