Oil is currently in an uptrend. I am watching to see whether Oil breaks above the temporary resistance level and move up OR break down below the key support signaling the end of this uptrend.
Only LONGS next to support levels are recommended in an uptrend. Shorting resistances could prove to be a suicide.
Only LONGS next to support levels are recommended in an uptrend. Shorting resistances could prove to be a suicide.