Usoil - C waves, Jim Cramer, and the the Big short

10 Haz 2022

Usoil may have peaked for at least a few months. Any higher than 124 and I'm wrong, but very few people are thinking we are about to embark on a C wave down. If this is true Oil will start to underperform the SPX.

13 Haz 2022

Not

so far so good, the idea is negated above 123

13 Haz 2022

Not

USOIL/SPY chart, weekly candle will be important, so far looks good for bears.

14 Haz 2022

Not

Doubletop, reaction from here will be very important. Stops at 124.50

14 Haz 2022

Not

So far 123 is holding, needs to get impulsive so more sellers start to step in on bounces. we'll see.

14 Haz 2022

Not

looking good for bears

14 Haz 2022

Not

needs to break channel and get down to lower bb, then it would be more clear that the direction is changed.