CVX = Long Set-Up

I'm bullish on WTI and the energy sector in general at this level.

I like Chevron which is close to my buy point for a fifth wave to new highs.
Chart pretty much says it all. Wait for it. It needs to find at bottom at the confluence of trendlines on the chart.
I'll update as needed in the near future

Kommentera:

This chart suggests an overall market decline lies just ahead...
This will provide a buying opportunity on CVX at the 145 level..