Browse Symbol Stacks: $XOI: XOI.png

XOI.png

Earlier on Tuesday I also mentioned the bearish rising wedge in the Oil Index ($XOI) where this past week resistance was found at the MA(144). We are still in the rising wedge but stochastics and momentum indicators are showing downward pressure. I think oil is a strong short/sell (www.danjazown.com).

Comments

fibomanfiboman
nice chart 11/8/15
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