UKOIL WHAT NEXT ??
I still believe that UKOIL will also be bullish due to the following reasons:
after markets have bushed price over 80.35 price had began making an impulse move to the downside with yet respecting its now created support
this has created a bullish triangle indicating bullish movement is soon to come.
the RSI is still above 50% telling us we are still bullish
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fundamentals
WEDNESDAY, JANUARY 5
13:15
USD ADP Employment Change(Dec)
14:45
USD Markit PMI Composite(Dec)
USD Markit Services PMI(Dec)
19:00
USD FOMC Minutes
-----------------------------------------------------------------------------------------------
THURSDAY, JANUARY 6
13:30
USD Goods and Services Trade Balance(Nov)
USD Initial Jobless Claims(Dec 31)
USD Initial Jobless Claims 4-week average(Dec 31)
15:00
USD Factory Orders (MoM)(Nov)
USD ISM Services Employment Index(Dec)
USD ISM Services New Orders Index(Dec)
USD ISM Services PMI(Dec)
USD ISM Services Prices Paid(Dec)
after markets have bushed price over 80.35 price had began making an impulse move to the downside with yet respecting its now created support
this has created a bullish triangle indicating bullish movement is soon to come.
the RSI is still above 50% telling us we are still bullish
-----------------------------------------------------------------------------------------------
fundamentals
WEDNESDAY, JANUARY 5
13:15
USD ADP Employment Change(Dec)
14:45
USD Markit PMI Composite(Dec)
USD Markit Services PMI(Dec)
19:00
USD FOMC Minutes
-----------------------------------------------------------------------------------------------
THURSDAY, JANUARY 6
13:30
USD Goods and Services Trade Balance(Nov)
USD Initial Jobless Claims(Dec 31)
USD Initial Jobless Claims 4-week average(Dec 31)
15:00
USD Factory Orders (MoM)(Nov)
USD ISM Services Employment Index(Dec)
USD ISM Services New Orders Index(Dec)
USD ISM Services PMI(Dec)
USD ISM Services Prices Paid(Dec)
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