US Oil bearish retracement

Ideas not advice

A technical outlook for the days

• Double top rejection at resistance
  
• Distribution cluster formed and sharp rejection to downwards
  
• 150EMA has been it's support in the past
  
• If it breaks below distribution lows, it will confirm that it is bearish
  
• Unless all of this is either mitigated by Retail sales news or accentuated
  

Goodspeed y'all

Yorum:

Target reached.