Analysis of USO pullback targets from the 23rd has ben surprisingly accurate thus far. Remember that the two trendlines were daily pullbacks, we had some deeper corrections that were possible as well.
Here we have met the first and near the second.
in both cases the 15 min chart above and this 5 min chart remain negative so it doesn't seem like it' over yet, but this could turn on a dime. I just hope I can catch it when it does being I'm in about 30 different places at once. Anyone using 3C, if you see something don't be shy about sending me n email and I'll look into it, right now I can use all the 3C eyes I have out there.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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