Oil - Light Crude - Continuous Contract (OILCRUDE)

[reaper247]

Hey there Lowjack,

Thanks for the chart.

Pro-Life was gracious enough to post a very similar chart on one of my OTC plays.

The two reasons that I am sitting this out for now, is the failed pinch on the weekly chart.

That pinch took months to form and resulted in what looks like a potential dead cat bounce.

The second reason is because Pro-Life incorporated a $USD overlay on his chart.

I can't post complex charts like you guys because I am a cheapskate.

I see several secondary overlays and indicators that might indicate a bounce, but the failed pinch and $USD trend is keeping me out of the game.

Thanks again for posting the chart.

This board is one of the most under utilized boards on ihub.

It would be great to get more guys like you posting opinions here.

Have a great night.

IMO and FWIW.