API: Oil stockpiles decline 1.4 million barrels. The EIA comes at 11AM today. All that said, oil futures are very weak, and UCO is holding the support area...barely. OIL 73.04.
R3 10.23 Fib R3 9.97 Brk Out Long 9.87
R2 9.97 Fib R2 9.81 Short 9.75
R1 9.80 Fib R1 9.70 HL2 9.71
Pivot 9.54 Pivot 9.54 HL1 9.67
S1 9.37 Fib S1 9.38 LL1 9.59
S2 9.11 Fib S2 9.27 LL2 9.55
All of my posts are my own opinion. Always perform your own due diligence on every investment you are considering, or contact your licensed investment adviser.
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