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Captain_Walker

OIL: Why I bailed out

CFD:er på Brentolja (TVC:UKOIL)  
Captain_Walker Uppdaterad   
TVC:UKOIL   CFD:er på Brentolja
Trend Analysis Beyond Technical Analysis Oil neutral LONG short Crude Oil Brent Crude Oil WTI trend Bearish Patterns
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trendanalysis beyondta oil neutral long short ukoil usoil trend bearish
I was long on UKOIL on a lower time frame, as there were early indications that it could be heading north. My trend following assessments then changed, as the picture unfolded. I decided to bail out just in time for no loss.

I don't care if it now jumps north. At this point in time - based on what I see - I now think the probability for the daily time frame is greater for the south.

If I see something different - like new compelling evidence - over the next few days I could change my mind again.
Kommentera:
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]

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