This is a little bit bearish temporarily on shorter frequencies.
It's a bit bearish on the UO today so maybe you want to wait a day. Sadly I've been in this one since I missed that signal to get out from the last buy :/ I failed to babysit my position.
Wait what. Why is it bearish? The UO is flat as you said but otherwise looks good, no?
ReplyDeleteAnyway, as Greg said yesterday you never know with the FED announcements.
And congrats because oil just went up!
It's very bullish but it looked like it was going to move lower towards the close so I was thinking it would be best to wait until the end of the day if anybody was planning on buying in. It ended up staying flat until the fed meeting and then went up.
DeleteI'm not personally going to play it but it looks fine going forward.
Sorry I didn't read it properly. You wrote "on shorter frequencies". But the chart is daily.
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