Bulls are gaining but the bears are still in control...

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Kommentera:

The situation with oil has not changed since doing this analysis. So no updates this week.

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We broke the KS pivot .. no acceleration
Be careful bulls .. it looks like I might be right and they are preparing a bull trap for you

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Also, on the daily we had another bull trap and a break of the lows.

I don't trade oil, but if I did .. I would already be short

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and don't forget the rail road tracks (mirror bars) on the daily also

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The KS stretch zone held perfectly for now. How far down will we go?