This is also why I am bullish on $OXY....US OIL has not comfortably broke above its 200 Day MA and is moving in a perfect arc in this Cup formation.
It also mimics out $OCY chart too.
50 Day MA is about to cross through the 200 Day MA this week too.
Wave 3 target remains at $115 and there are no changes to the chart
TommyJR
2024-03-25 22:20:09 +0000 UTCDillon Lay
2024-03-25 14:44:46 +0000 UTC