Oil has been volatile but I guess it always is.
XOM is still above the .236 fib level of the trend up.
Maybe an M forming, but I am not going there yet.
Every time I do, oil pops up again!
If this an M pattern it would maybe take this down a notch, or 2, or 3.
No recommendation.
Leg AB, the retracement leg of XA, landed at the .786.
XOM is still above the .236 fib level of the trend up.
Maybe an M forming, but I am not going there yet.
Every time I do, oil pops up again!
If this an M pattern it would maybe take this down a notch, or 2, or 3.
No recommendation.
Leg AB, the retracement leg of XA, landed at the .786.