USOIL: This should be the bottom in oil

14 нояб. 2016 г.I'm entering longs on strength, once we break out from the linear regression channel here, the long will be safe.
The options expiration support level and the yearly SMA give us a some peace of mind as well.
Good luck,

Ivan Labrie.

15 нояб. 2016 г.

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This is what I wanted to see, already in profit.

15 нояб. 2016 г.

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Now 44.43, looks promising.

15 нояб. 2016 г.

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Good confirmation of the up move starting.

18 нояб. 2016 г.

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s3.amazonaws.com/tradingview/snapshots/e/e7CcmNDe.png

18 нояб. 2016 г.

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Good reentry...

21 нояб. 2016 г.

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How about that?

This WAS the bottom in oil, I'm 90% sure.

21 нояб. 2016 г.

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Appaling...only 19 likes.

bloomberg.com/news/articles/2016-11-21/putin-sees-great-chance-of-opec-deal-as-moscow-ready-to-freeze

21 нояб. 2016 г.

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bloomberg.com/news/articles/2016-11-21/oil-climbs-as-iran-iraq-signal-deal-hope-before-vienna-meeting

...headlines starting to pop. As expected, Saudis want higher prices, and we're stuck in a range, so, again, buying the bottom of the range, against support works.

Now, let's time the exit. That will be tricky.

21 нояб. 2016 г.

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Ok, hope someone benefited from my divination. :)

30 нояб. 2016 г.

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Sold that one, reentered and now we're cooking with gas.