Both of these charts are timefames that usually predict a swing move pretty well, so I'd think we'll see some upside from here, whether "v" shaped or "u" shaped.
5 years ago
Thursday, February 17, 2011
USO Follow Up
Here's Yesterday's afternoon commentary on USO and here's where we stand now...
In the white box we have 2 candlestick reversals, a Harmi and Tweezers Bottom, volume was also up which often accompanies a reversal. Today we have a gap up; so far so good.
The 15 min. 3C chart
10 min 3C chart.
Both of these charts are timefames that usually predict a swing move pretty well, so I'd think we'll see some upside from here, whether "v" shaped or "u" shaped.
Both of these charts are timefames that usually predict a swing move pretty well, so I'd think we'll see some upside from here, whether "v" shaped or "u" shaped.
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