Today oil took out the 2015 highs at 62.58 and closed at 63.48 which is extremely bullish imo...not much resistance until 65-67 and the 100% fib ext is at 69 area
oil monthly
7 years ago by ndstocktrader (39)
$0.11
- Past Payouts $0.11
- - Author $0.10
- - Curators $0.01
strong dollar...or cheap oil. Can't have both!
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dollar and oil overlay, usd has been in a downtrend while oil has been in an uptrend... but they can go up together as they did in the back half of 2016...
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