It would appear we have a miniature bubble pop with a retracement in progress. Note the fading volume on the retracement. The idea is to gain entry in DUG when, as, and if it indicates oil will continue its retreat in price.
Wednesday, May 11, 2011
DIG DUG
It would appear we have a miniature bubble pop with a retracement in progress. Note the fading volume on the retracement. The idea is to gain entry in DUG when, as, and if it indicates oil will continue its retreat in price.
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