SN is leaving a little basing area. The energy has built up and a rally could be forthcoming.
This is in line with the recent breakout by Oil. Risk remains that Oil is overbought, and this could do a backtest of today's breakout.
Either way, taking a small position here.
This is in line with the recent breakout by Oil. Risk remains that Oil is overbought, and this could do a backtest of today's breakout.
Either way, taking a small position here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.