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Crude Break or Fake?

Crude Break or Fake?

2015-10-22 19:16:00
Jamie Saettele, CMT, Sr. Technical Strategist
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Crude Break or Fake?

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-The most recent comments remain valid for crude. “Is crude leading the USD (which is bouncing from support)? The bullish outside day from 10/15 is on the verge of negation, which would put focus squarely on 42-43.19 (March and September lows). Crude needs to overcome 47.47 to re-instill confidence in the upside.”

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