Replies to post #51281 on "House of Pinchers" (Pinch)

[charger]

Made this post a sticky!!
To much money to be made not to..

[naturalborninvestor]

in at 3.35 let's see. Volume is excellent.

[charger]

ChiOsc pinch is tight..
What on earth is holding this down?
Possibly the RSI(14)X of 30 will be the only true buy signal.
RSI(14)Old Mr.Reliable

[wolfgangrene]

UWTI is looking for a 60 min bottom and bounce, IMO.
Maybe just a trade, the +DI is under 10, the -DI turned down from about 45.
Last candle on Friday did huge volume without any meaningful drop.
I see a fib target down of 2.15.
I'm going to stream UTWI on Monday to watch for a drop in the ADX.

Also, here's a 60 min USO chart. The TSI's both in oversold territory.
USO would be a call option trade if I do anything with it.