This has been an utterly crazy rally. And I think it's just about over. People are getting more bearish now after seeing the huge rally. Have 3 Bearish D1 volume candles. We should go to new lows. I do think we'll see $35 oil this year, but maybe at the end of the year or something. For now I do think we'll see new lows. It has rallied all the way up to 54.21 , exact resistance, 53.59 - 54.21 should be very hard to pass, but it's possible it will.


No comments:
Post a Comment