USOIL DAILY

HAVING RISEN SHARPLY AFTER HITTING THE LOWS OF THE YEAR, US OIL PRICE ACTION FROM THE PAST WEEK LOOKS TO GIVE BACK SOME OF ITS GAINS..
ON THE WEEKLY CHART, A PERFECT REVERSAL CANDLE STICK JUST DEVELOPED...
AM LOOKING SELL IN ON THE DAILY CHART AS PRICE COMES TO $50 PRICE AREA FOR A DROP TOWARDS MID 40S....FOR THOSE ON CURRENCY PLAYS , CHECK USDCAD FOR A POP AS MY OIL SCENARIO PLAYS OUT..GOOD LUCK...

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