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pstoff

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pstoff

Re: stockmen post# 42436

Friday, 01/15/2010 8:19:00 PM

Friday, January 15, 2010 8:19:00 PM

Post# of 76351
Hello Stockman,

Here's a little somthing to look at on the crude oil.

http://stockcharts.com/h-sc/ui?s=$WTIC&p=W&yr=3&mn=0&dy=0&id=p50701941736

Bearish divergence on the MACD histogram would suggest that at the very least the low of $60 late June will get tested. The technicals appear to be turning negatve, maybe a buying opportunity in the future.
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