this pullback might have small legs but overall, I see nothing wrong.
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johnnywa wrote:Anyone have a take on oil,would long on a break of $100??? Thanks for any input
If this double bottom fails (and I think it gonna fail), on a short time frame I will try to long 97.50/98.40 area (green circle).
But definitely on on longer time frame, real support seems to be 93.50 (pink circle).
My guess is it can go as low as 80...
“According to early checks, the rollout … had a rocky start. A federally-run exchange for consumers in 36 states began posting error messages for at least 25 of them soon after the system opened for enrollment [today] at 8 a.m. EDT, citing online traffic as a reason for the difficulties.”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
johnnywa wrote:Anyone have a take on oil,would long on a break of $100??? Thanks for any input
If this double bottom fails (and I think it gonna fail), on a short time frame I will try to long 97.50/98.40 area (green circle).
But definitely on on longer time frame, real support seems to be 93.50 (pink circle).
My guess is it can go as low as 80...
volume surge, biggest red, so might see rebound here first but mostly the pullback isn't over yet.
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