Brent

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10 years 9 months ago #12565 by Food4Thought

Replied by Food4Thought on topic Brent

Nice tag on the support line Friday on good volume with OPEC meeting. IF a higher low is set at 61 this should cement 61-65 as good support. A break above 65 should see 70 in the coming days / weeks IMO.

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10 years 9 months ago #12634 by Food4Thought

Replied by Food4Thought on topic Brent

Trendline break on Friday....

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10 years 8 months ago - 10 years 8 months ago #12689 by Food4Thought

Replied by Food4Thought on topic Brent

Break gaining momentum. IMO next stop 55 with good support at 53

Last edit: 10 years 8 months ago by Food4Thought.

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10 years 8 months ago #12710 by Food4Thought

Replied by Food4Thought on topic Brent

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10 years 8 months ago - 10 years 8 months ago #12763 by Food4Thought

Replied by Food4Thought on topic Brent

At trendline support now, so decision time. RSI has some way to go to support.

If support breaks a short is in play. If we get a hammer or doji today it might indicate a potential bottom. I wouldn't like to call this one.