USOIL: This should be the bottom in oil

14 Kas 2016

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 Kas 2016

Not

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

15 Kas 2016

Not

Now 44.43, looks promising.

15 Kas 2016

Not

Good confirmation of the up move starting.

18 Kas 2016

Not

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

18 Kas 2016

Not

Good reentry...

21 Kas 2016

Not

How about that?

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

21 Kas 2016

Not

Appaling...only 19 likes.

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

21 Kas 2016

Not

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 Kas 2016

Not

Ok, hope someone benefited from my divination. :)

30 Kas 2016

Not

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