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Still Heading Lower

New Lows
- New lows have been printed in the short-term picture.
- The daily candle closed just above support after undercutting it to make new lows.
- Things are looking more bearish in the short term.
Still Heading Lower
Be weary of your long positions.
Obviously, this selloff could reverse at any moment. But right now, in the short term, things look like they are pointed lower.
These two charts you can see below are from previous posts and are still valid. Check out my previous comments on crude futures to get more detail. I provide the major support levels to watch for potential resistance or a possible rebound. Check out the link below.
Still Heading Lower
Still Heading Lower
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Trade the trends via technical, fundamental, and macro analysis. Day Trades, swing trades, and long-term investments.
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